A Cobb County woman accused of stealing nearly $740,000 from her employer remained in jail Monday on $1 million bond.
Sharron Yvonne Rice, 44, of a Marietta address, was arrested Wednesday and charged with felony theft by taking for the alleged thefts, which occurred from between March 2007 and July 2012, according to an arrest warrant obtained by The Atlanta Journal-Constitution.
Rice is accused of taking $737,414.45 from D.E.L. Development Corporation, based in Cobb County, by issuing 841 checks, the warrant states.
“Once the checks were issued, said accused did alter the 841 entries in the accounting software to recode each entry from a payment to a vendor to an expense item,” the warrant states.
Rice allegedly forged the signatures from a company official and deposited all of the checks into a bank account she opened in March 2007, according to investigators. The company discovered the alleged thefts in August, the warrant states.
Rice’s bond was set at $1 million, Cobb County jail records show.