Shoreview Woman Pleads Guilty to Embezzling $400,000 from Her Employer

Yesterday in federal court in Minneapolis, a 38-year-old Shoreview woman pleaded guilty to embezzling approximately $400,000 from her employer during a two-year period. Kimberly Dana Swenson pleaded guilty to one count of mail fraud. Swenson, who was charged on March 11, 2011, entered her plea before United States District Court Judge David S. Doty.

In her plea agreement, Swenson admitted that from 2008 through 2010, she embezzled the money from Allianz Life Insurance Co., where she worked as a client services specialist from 2002 through 2010. Swenson made false and misleading statements and representations in order to obtain the money.

For her crime, Swenson faces a potential maximum penalty of 20 years in prison. Judge Doty will determine her sentence at a future hearing, yet to be scheduled. This case is the result of an investigation by the Federal Bureau of Investigation. It is being prosecuted by Assistant U.S. Attorney Joe Dixon.