An Atlanta woman pleaded guilty to stealing more than $4 million from Facebook while she was an executive at the company. According to the US Attorney, Furlow-Smiles used her Facebook expense account to live a luxurious lifestyle in California and Georgia. Furlow-Smiles fraudulently used Facebook funds to pay for numerous personal expenses including hair stylists, babysitters, and $18,000 to a preschool for tuition, according to Buchanan. Friends, relatives, and associates who received the payments would then return some of the money to Furlow-Smiles as a kickback, according to Buchanan’s Office. Investigators say Furlow-Smiles would create inflated invoices to pay them, then those vendors would return a portion of the payment to Furlow-Smiles.

Source: CNN December 15, 2023 13:01 UTC