Twice-Convicted Accountant Is Sentenced For Embezzling More Than $1.1 Million From Employer

CHARLOTTE, N.C. - A twice-convicted accountant was sentenced to prison today for embezzling more than $1.1 million from her employer, announced Russ Ferguson, U.S. Attorney for the Western District of North Carolina. Mandy Deann Urban, 49, formerly of Charlotte, was ordered to serve 41 months in prison followed by two years of supervised release, and to pay more than $1 million in restitution.

U.S. Attorney Ferguson is joined in making today's announcement by Kyle Burns, Acting Special Agent in Charge of Homeland Security Investigations (HSI) in North Carolina and South Carolina, and Chief Estella D. Patterson of the Charlotte Mecklenburg Police Department.

According to court records, from January 2019 to June 2022, Urban was employed as a senior staff accountant for a Charlotte-based company. In that capacity, Urban was responsible for maintaining the company's general ledger, preparing financial statements, and reconciling the company's accounts payable and receivable and bank statements. Court records show that Urban executed a scheme to defraud her employer by misusing her access to make multiple transfers from the company's bank accounts to accounts under Urban's control. Urban then falsified the company's books and records to conceal the scheme. Urban made more than 245 fraudulent transfers from the accounts of the company totaling $1,115,344.73.

Urban was previously convicted of Grand Theft in Florida for stealing approximately $135,000 and was sentenced to five years of supervised probation in 2015. Urban was convicted again in Florida for a different scheme to defraud and sentenced to two years in prison in June 2022 and was ordered to pay approximately $283,000 in restitution.

On March 26, 2024, Urban pleaded guilty to wire fraud. She will be ordered to report to the Federal Bureau of Prisons upon designation of a federal facility.

In making today's announcement, U.S. Attorney Ferguson commended HSI and CMPD's Financial Crimes Unit for their investigation of the case.

Assistant U.S. Attorney William Bozin of the U.S. Attorney's Office in Charlotte prosecuted the case.