City files lawsuit against alleged embezzler, former auditors
Woman accused of stealing more than $1 million now faces civil and criminal cases
Courtesy
Diane Maxine Richards, former budget analyst for the city of Kingman.
Originally Published: March 8, 2017 5:59 a.m.KINGMAN – The City of Kingman wants its money back.
The city has filed a lawsuit against former interim finance director Diane Richards for
roughly $1.1 million she allegedly embezzled over the course of eight years to pay off
gambling debts at Nevada casinos and other bills.
The city and the Arizona Municipal Risk Retention Pool sued Richards and her John Doe
husband on Feb. 24 in Mohave County Superior Court. It also sued Heinfeld, Meech &
Co., its auditor from 2001 until 2015. Richards’ husband is deceased.
“It’s part of a complaint and we are working to recover those
monies” said City Attorney Carl Cooper, who added that the
main complaint is against the auditors.
“We’re still hoping to recover restitution from the criminal
charges against Richards,” Cooper said. “We’re pursuing
every avenue to recover the city’s losses.”
Richards also faces a 23count criminal grand jury
indictment, according to the civil lawsuit. Richards’ attorney,
Adam Zickerman, could not be reached for comment. She is
due back in court later this month.
Investigations began in September 2015, after Richards’
bank tipped off the Arizona Attorney General’s Office and
Immigrations and Customs Enforcement Homeland Security
Investigations to “highly unusual activity involving Ms.
Richards’ bank accounts,” according to the complaint.
When in November 2015 the state and feds informed the
city of widespread fraud, it fired Richards immediately – she
resigned pretty much at the same time – and fired
HeinfeldMeech a few weeks later.
The Risk Retention Pool hired a forensic accountant, which
“discovered three methods in which Ms. Richards conducted
fraudulent transaction totaling $1,113,589.85 in city funds,”
according to the complaint.
Originally Published: March 8, 2017 5:59 a.m.
By Aaron Ricca
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The three methods were taking money from the city’s
Employee Benefits Trust Account, cash advances on city
credit cards and fraudulent transactions on city credit cards.
The suit claims HeinfeldMeech breached its duties as
auditor, failed to perform “in accordance with acceptable
accounting standards, failed to detect inaccuracies in
financial statements, failed to properly assess the internal
control for the risk of material misstatements on financial
statements, and failed to detect material misstatements on the city’s financial statements.”
HeinfeldMeech and Kingman’s attorneys William Doyle and Jonathan Yu could not be
reached for comment. Richards is at home awaiting trial on $10,000 bond.
It is the largest embezzlement allegation in Kingman’s history.
More like this story
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Hearing for alleged $1.1 million embezzler coming up
Scandal is being kept 'under the rug' (Letter)
$1.1 million worth of irony in Kingman embezzling case
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