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Thursday, January 15, 2015

Catherine O’Shea: Bay Area Woman Accused of Using Her Boss's Money to Pay Off Her Personal Credit Cards

Posted By on Thu, Jan 15, 2015 at 8:30 AM

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Forget about asking for a raise. A Daly City woman is being indicted for allegedly ripping off her boss to pay off her own personal debt. 

According to the U.S. District Attorney, Catherine O’Shea was arraigned this week on charges of embezzling approximately $240,000 from her employer to pay her personal credit card bills. 

O'Shea's boss, only identified as "C.J." in the indictment, was trusting enough to give her online access to his business bank accounts to pay business-related expenses. O’Shea did pay those bills — and some of her own bills, too. According to the indictment, O'Shea used that same employer checking account to pay off her personal credit cards. To cover up the additional spending, she allegedly made false entries in the accounting records of the business, falsely claiming that the money had been used to pay for office rent or office supplies. 

That didn't work so well. 

A San Francisco federal grand jury indicted the 42-year-old woman on Jan. 6 on five counts of wire fraud. O’Shea was released on a $50,000 unsecured bond and ordered to return on Jan. 16, 2015, for a further detention hearing. 

If convicted, O’Shea is facing up to 20 years in prison for each violation, plus restitution, which we presume, would put her back in the financial hole.


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About The Author

Erin Sherbert

Erin Sherbert

Erin Sherbert was the Online News Editor for SF Weekly from 2010 to 2015. She's a Texas native and has a closet full of cowboy boots to prove it.


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