VICTORIA A. WOFFORD, pleaded guilty to the top charge against her, Grand Larceny in the First Degree
Manhattan District Attorney Cyrus R. Vance, Jr., announced on 05/12/2010, the arrest and guilty plea of a woman who perpetrated a fraudulent travel account scheme to steal more than $35 million. VICTORIA A. WOFFORD, 53, the founder, president and chief financial officer of Tri-Pen Management Corporation, pleaded guilty to the top charge against her, Grand Larceny in the First Degree, for making fraudulent charges on two defunct American Express business travel accounts. WOFFORD used the funds to develop software, purchase an apartment and invest in a restaurant chain. “Corporate fraud victimizes an honest company by decreasing its bottom line, hurting its reputation and diminishing morale. Losses of any amount can have a ripple effect on the salaries and benefits of employees and those who do business with the company,” District Attorney Vance said. “This defendant committed multimillion-dollar fraud in a systematic fashion over a number of years. This Office remains committed to bri...