Maryland Woman Gets 27-Month Prison Sentence For Defrauding Employer Of $1M

Acting U.S. Attorney Stephen M. Schenning announced Thursday a Germantown woman was sentenced to 27 months in prison for defrauding employer of over $1 million.

Prison

Forty-seven-year-old Sobeida Maria Laboy was employed with a financial institution, working in the Chevy Chase branch office. From December 2007 through June 19, 2014, she created and submitted false invoices, with check requests for payment by her employer. The invoices were for services for a certain vendor. She instructed the check to be sent to her office in Chevy Chase. Once she received the check, she forged the signature of another employee in the “approval” section of the form, according to court documents.

Laboy endorsed the check and deposited into her person bank account, instead of sending it to the vendor. Over the seven-year period, she deposited approximately 60 checks meant for vendors into her bank account. She fraudulently obtained about $1,020,576.28.

In addition to the prison sentence, Laboy was ordered to pay the full amount of the loss to victims.

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