Woman Pleads Guilty to Stealing over $1.4 Million from Employer

WOBURN – Middlesex County District Attorney Marian Ryan has announced that Linda Marie Medeiros, 52, of Medford, pled guilty this week in Middlesex Superior Court to six counts of larceny over $250, from a person over sixty in connection with the theft of over $1.4 million from her employer, a woman in her eighties, over an eight year period.

Judge Kimberly Budd sentenced Medeiros to 3-4 years in MCI Framingham, to be followed by a period of 10 years probation, during which time she is ordered to pay restitution totaling over $1.4 million to reimburse her employer for the monies stolen.  Medeiros will begin serving that sentence on May 31, 2016.

Beginning in April, 2007, and continuing up until August, 2015, Medeiros stole a substantial amount of money on a regular basis from her longtime employer.  The defendant was employed as a bookkeeper and was frequently entrusted with blank checks, intended to be used to pay routine expenses.  Instead, Medeiros would insert her own name as the payee on certain checks and thereafter deposit them into her own bank account. 

The stolen monies were used for a comfortable life style for the defendant including for cruises, frequent foreign vacations and a luxury motor vehicle. 

“This case is a reminder that, although there is always a concern about being a victim of a random scam, those close to us can also be financially exploiting us, and we must all remain vigilant and monitor our financial transactions. If something seems amiss, you should immediately alert authorities,” said District Attorney Ryan.

This incident was investigated by Detectives Ian Spencer and Lt. Sean Kennedy, of the Lincoln Police Department and by the Middlesex District Attorney’s Office.

The prosecutor assigned to this case was Assistant District Attorney Doug Cannon.