8:30 pm
  Local News
  State / National / World
  Opinion / Letters
  Arts / Entertainment
  Submit Event
  Comics / Games
  DJ Designers
  Advertise With Us
  About Us
Fleeing embezzler headed off to jail
December 14, 2012, 05:00 AM Daily Journal Staff Report

The Redwood City construction company controller who literally fled the office when confronted about $350,000 in missing funds was sentenced yesterday to four years behind bars but a judge withheld ordered restitution because the business owners plan a civil suit against her.

Lili Clay, 50, received a four-year prison term which was the maximum she faced after taking a deal in November on felony embezzlement and excessive taking charges. However, under realignment, she will serve the term in the county jail. With credit, she will serve approximately a year and eight months more.

The defense had sought a split sentence in which she would have served half in custody and half on supervised release.

Judge Craig Parson could have also ordered Clay to repay the owners of the Lencioni Construction Company but they prefer to pursue a civil lawsuit, said District Attorney Steve Wagstaffe

Clay, of Mountain View, was accused of writing herself $350,000 in company checks under the guise of reimbursements between January 2011 and August 2012.

The money was spent on personal items, according to prosecutors.

When the owners discovered the discrepancies, they confronted her in the Redwood City office on Aug. 8. After she ran from the site, they reportedly gave chase but were unable to grab her before she reached her vehicle. Weeks later, authorities apprehended her in Exeter, Calif., which is near Visalia.



Tags: owners, which, company,

Other stories from today:


Print this Page Print this Page  | 
<< Back
Return To Archives

Daily Journal Quick Poll
Development trends on the Peninsula ...

Are heading in the wrong direction
Don't include enough housing
Will be difficult to manage
Will change with the economy
Are heading in the right direction
Are causing me to want to leave


©2017 San Mateo Daily Journal
Half Moon Bay news