Palm Bay Woman Arrested For Embezzelment From Medical Organization
PALM BAY, Florida -- A 45-year-old woman
is on her way to jail after detectives uncovered a trail of evidence
that they say revealed hundreds of thousands of dollars in missing money from a professional organization for oncology practice managers in which she served
as treasurer.
Mary Elizabeth Snyder faces felony
charges involving scheming to defraud and grand theft. Patrol officers
picked her up on an arrest warrant Tuesday afternoon. The warrant
carries a $500,000 bond.
On March 20, 2013,
the president for Oncology Managers of Florida (OMF) filed a police
report concerning an on-going scheme to defraud and grand theft of
money. According to the police report, there were discrepancies in OMF’S bank
account, specifically $42,435 in funds that had been
electronically transferred in small amounts over a period of time from
the OMF account to various bank cards allegedly belonging to Mary
Snyder.
As a result of the discovery, OMF’S board of directors convened
and voted unanimously to terminate Synder
from her position and move forward with criminal charges. According to police, further
investigation revealed the theft had been ongoing since July 2006 and
OMF is estimating their total financial loss to be nearly $300,000.
Palm Bay police say that due to the statute of limitations, Snyder can only
be charged for acts that occurred between 2009 to present day. That
amount involves nearly $50,000.
“The electronic trail of evidence shows
payments to Synder’s multiple credit card accounts,” said Detective
Mark Fell. “Ms. Snyder was the only person that
had access to the password protected OMF bank account.”
According to the group's website, the
Oncology Managers of Florida, Inc. is a professional organization that
provides information and educational support as well as implementing changes in medical
policies and governmental issues in the State of Florida.
Ms. Snyder was a board member for approximately 8 years.
