NEW PHILADELPHIA — A Wooster woman has begun serving a one-year term in a state prison after being convicted of stealing more than $250,000 from a Gnadenhutten company.
Amy Eubanks, 38, reported for prison on Jan. 7.
She was convicted of stealing the money from Gulf Systems Inc., 2340 Larson Road SE, a company involved in the oil and gas industry. Eubanks worked as a bookkeeper for the family owned company and was in charge of accounts receivable.
After an investigation by the New Philadelphia Police Department, she was indicted by the grand jury on two counts of telecommunications fraud, four counts of forgery, theft and aggravated theft.
She pleaded no contest to aggravated theft on Oct. 29 and was sentenced to three years in prison on Dec. 11 by Tuscarawas County Common Pleas Judge Edward O'Farrell. The other charges were dismissed.
Eubanks will receive judicial release after serving one year in prison and will then be under supervision for the remaining two years of the sentence, according to Assistant Prosecutor Scott Deedrick.
She also is required to make restitution to Gulf Systems Inc. in the amount of $276,792.05. She has already paid $35,000 to the company.
Deedrick said Eubanks had been taking money from the company from 2011 to 2016.
"This was something that went on for a long time without the company figuring out what was going on," he said. "They were having a lot of financial hardships, and they could not make ends meet. They couldn't understand why that was. There was enough money coming in to meet their obligations.
"The money was coming in from customers, and she would have it paid to her. There was a tremendous amount of money she diverted to herself."
After another person was put in charge of the books, that person immediately noticed discrepancies, Deedrick said.
It isn't clear how Eubanks was spending the money she was diverting from the company. But he did note that she enjoyed owning horses, which is an expensive hobby.
"It appears that she lived off this money and it funded her hobby," he said.