Crime - Sacto 911

El Dorado Hills man accused of embezzling more than $400,000 from ex-employer

A federal grand jury on Wednesday indicted an El Dorado Hills man for allegedly embezzling $400,000 from a former employer.

Jeffrey Lamson, 51, is charged with wire fraud, according to a U.S. Attorney’s Office news release.

Court documents indicate that from at least 2009 through 2011, Lamson embezzled more than $400,000 from a company in Placer and Sacramento counties while he served as the controller for the firm. Lamson allegedly used company funds to make unauthorized payments to himself and others, as well as payments to a fictitious vendor, controlled by Lamson, for services that were never performed.

The case resulted from an investigation by the Internal Revenue Service-Criminal Investigation.

Call The Bee’s Cathy Locke, (916) 321-5287.