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November 29, 2016

Accountant admits stealing $3M

ALBANY, N.Y. (AP) — A corporate accountant in New York admitted Monday to stealing at least $3.1 million from agribusiness giant Cargill, Inc., and causing $25 million in losses to the privately held company's grain shipping operations at the Port of Albany.

Diane Backis, of Athens, New York, pleaded guilty Monday in federal court in Albany to mail fraud and filing a false income tax return. U.S. Attorney Richard Hartunian said Backis not only diverted customer payments to her own accounts over a 10-year period, but also caused at least $25 million in losses to the Minnetonka, Minnesota-based company.


 
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