Paso Robles woman arrested for embezzlement
March 24, 2015
Paso Robles police arrested a Paso Robles bookkeeper last week for allegedly embezzling at least $700,000 from a local manufacturing business and a non-profit during a period of about six years.
Representatives of the Paso Robles Youth Sports Council and Make-It Manufacturing filed reports with police prompting the investigation. Officers then conducted a search of Denna Carol Serda’s home and conducted a review of her bank accounts.
“The analysis of financial documents revealed probable cause that Serda embezzled over $700,000 from the manufacturing company alone,” Sgt. Tod Rehner said in a press release. “Included in the financial documents was additional evidence that Serda may have forged over 450 financial documents to facilitate the embezzlement.”
Following the search of her home, Serda, 56, turned herself in at the Paso Robles Police Department. Officers then booked her into the San Luis Obispo County Jail on felony charges of grand theft and forgery.
As of Tuesday morning, Serda remains in jail with her bail set at $1.2 million.
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