YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Former CEO charged with embezzling $15M

Posted online

A former CEO was charged with embezzling more than $15 million from her employer.

The employer isn't named in court records, although it is identified as a subsidiary of a foreign corporation that makes carbide products used in saw blades for the woodworking industry.

Donna Osowitt Steele, of Taylorsville, North Carolina, allegedly used the stolen funds on personal expenses and businesses run by her family.

Read more from The Associated Press.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: EarthWise Pet

The first southwest Missouri location of EarthWise Pet, a national chain of pet supply stores, opened; Grey Oak Investments LLC relocated; and Hot Bowl by Everyday Thai LLC got its start.

Most Read
Update cookies preferences