Ex-HP finance manager jailed after going on $5m spending spree using company plastic
Now-former HP finance manager Shelbee Szeto has been sentenced to three years in prison and ordered to forfeit more than 250 luxury items after she blew $5m on herself using company credit cards.] she fraudulently bagged includes a 2020 Tesla sedan, a 2021 Porsche sport utility vehicle, 46 Chanel handbags, and 16 Rolex watches.to wire fraud, money laundering, and related tax charges in March.
However, instead of using these cards to pay HP's bills, we're told she set up bogus PayPal, Stripe, and Square profiles that were under Szeto's control but looked like legitimate merchant accounts. Szeto then funneled at least $4.8 million in fraudulent payments from the HP credit cards to the bogus accounts and bought hundreds of luxury goods for herself.
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