Steele pleaded guilty to a wire fraud embezzlement scheme that involved Tigra, a company based out of Hickory. Bernd Motzer confirmed the unnamed company is USA Tigra. The three employees pointed to signs of trouble at the company during Steeles tenure. Reporter Dave Faherty has closely followed every development in Steeles case and was in court Wednesday morning when she addressed the judge, apologizing while fighting back tears. She used the misappropriated funds for lavish personal purchases and a side business. Steele was employed at the company in 1999 and was promoted to chief executive officer in 2015, federal court documents say. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Van crashes into industrial clinic on Tate Boulevard in Hickory; no serious injuries reported, Hickory fiber optic company suffered ransomware attack in March, Catawba County Schools announces 5 new principals, LOCAL PRO ROUNDUP: Bumgarner released by D-backs after clearing waivers, Comic book store owner's heroic action leads to arrest of man on attempted rape charge in Hickory, Alexander County high school received concerning call; students are safe, additional police responding, Wine, NC beer now available at two more businesses in downtown Newton, Car flips onto roof, one person injured in Hickory crash, New property values in Catawba County are a land and money grab, Hickory man makes court apperance in fatal hit-and-run, 9-year-old, baby remain hospitalized after crash that killed mother, He was born with defective heart; foundation in his memory touched many in Catawba County, Newton-Conover's Garcia signs with Carolina University for soccer, See a clip now: 'Bar Rescue' episode featuring Hickory pub that airs at 10 p.m. on April 23, Board denies book appeal in 4-3 vote; book challenger says policy unclear, 'On Patrol: Live:' Brookford police to appear on TV show again; episodes air Friday, Saturday nights, Update: 2 adults, 2 teens charged in Hickory shooting that injured 17-year-old, Ukrainian soldiers get targeted by rockets while digging trenches near Bakhmut, Scientists launch new study into humans after realizing spiders lose eyesight due to malnutrition, Analysis: Mom and pop safe as First Republic Bank fails, Biden vows banking system is 'safe and sound'. She used some of the money to pay for her lavish lifestyle and family businesses. Steele did not answer any of Channel 9s questions as she headed into the courtroom. The store was operated by Steele and her family and once had a Hickory address, according to the stores Facebook page. Former CEO pleads guilty to embezzling more than $15M to fund lavish Sign up for our newsletter to keep reading. Before Donna Osowitt Steele was charged with embezzling $15 million from TIGRA USA in Hickory, she pleaded guilty to embezzling from a family business in Winston-Salem in 1995. Thats kind of the plans for that. Goewey said he looked at the property when it was for sale seven or eight years ago before the Steeles bought and remodeled the cabin, farmhouse and barn. Get up-to-the-minute news sent straight to your device. Donna Steele quickly understood our style and truly made our vision a reality. Donna Steele pleaded guilty to embezzling more than $15 million from a Hickory business over seven years. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Van crashes into industrial clinic on Tate Boulevard in Hickory; no serious injuries reported, Hickory fiber optic company suffered ransomware attack in March, Catawba County Schools announces 5 new principals, LOCAL PRO ROUNDUP: Bumgarner released by D-backs after clearing waivers, Comic book store owner's heroic action leads to arrest of man on attempted rape charge in Hickory, Alexander County high school received concerning call; students are safe, additional police responding, Wine, NC beer now available at two more businesses in downtown Newton, Car flips onto roof, one person injured in Hickory crash, New property values in Catawba County are a land and money grab, Hickory man makes court apperance in fatal hit-and-run, 9-year-old, baby remain hospitalized after crash that killed mother, He was born with defective heart; foundation in his memory touched many in Catawba County, Newton-Conover's Garcia signs with Carolina University for soccer, See a clip now: 'Bar Rescue' episode featuring Hickory pub that airs at 10 p.m. on April 23, Board denies book appeal in 4-3 vote; book challenger says policy unclear, 'On Patrol: Live:' Brookford police to appear on TV show again; episodes air Friday, Saturday nights, Update: 2 adults, 2 teens charged in Hickory shooting that injured 17-year-old, Ukrainian soldiers get targeted by rockets while digging trenches near Bakhmut, Scientists launch new study into humans after realizing spiders lose eyesight due to malnutrition, Analysis: Mom and pop safe as First Republic Bank fails, Biden vows banking system is 'safe and sound'. Former NC CEO accused of embezzling $15 million accepts plea deal {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Van crashes into industrial clinic on Tate Boulevard in Hickory; no serious injuries reported, Hickory fiber optic company suffered ransomware attack in March, Catawba County Schools announces 5 new principals, LOCAL PRO ROUNDUP: Bumgarner released by D-backs after clearing waivers, Comic book store owner's heroic action leads to arrest of man on attempted rape charge in Hickory, Alexander County high school received concerning call; students are safe, additional police responding, Wine, NC beer now available at two more businesses in downtown Newton, Car flips onto roof, one person injured in Hickory crash, New property values in Catawba County are a land and money grab, Hickory man makes court apperance in fatal hit-and-run, 9-year-old, baby remain hospitalized after crash that killed mother, He was born with defective heart; foundation in his memory touched many in Catawba County, Newton-Conover's Garcia signs with Carolina University for soccer, See a clip now: 'Bar Rescue' episode featuring Hickory pub that airs at 10 p.m. on April 23, Board denies book appeal in 4-3 vote; book challenger says policy unclear, Ukrainian soldiers get targeted by rockets while digging trenches near Bakhmut, Scientists launch new study into humans after realizing spiders lose eyesight due to malnutrition, Analysis: Mom and pop safe as First Republic Bank fails, Biden vows banking system is 'safe and sound'. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Van crashes into industrial clinic on Tate Boulevard in Hickory; no serious injuries reported, Hickory fiber optic company suffered ransomware attack in March, Catawba County Schools announces 5 new principals, LOCAL PRO ROUNDUP: Bumgarner released by D-backs after clearing waivers, Comic book store owner's heroic action leads to arrest of man on attempted rape charge in Hickory, Alexander County high school received concerning call; students are safe, additional police responding, Wine, NC beer now available at two more businesses in downtown Newton, Car flips onto roof, one person injured in Hickory crash, New property values in Catawba County are a land and money grab, Hickory man makes court apperance in fatal hit-and-run, 9-year-old, baby remain hospitalized after crash that killed mother, He was born with defective heart; foundation in his memory touched many in Catawba County, Newton-Conover's Garcia signs with Carolina University for soccer, See a clip now: 'Bar Rescue' episode featuring Hickory pub that airs at 10 p.m. on April 23, Board denies book appeal in 4-3 vote; book challenger says policy unclear, Ukrainian soldiers get targeted by rockets while digging trenches near Bakhmut, Scientists launch new study into humans after realizing spiders lose eyesight due to malnutrition, Analysis: Mom and pop safe as First Republic Bank fails, Biden vows banking system is 'safe and sound'. Hickory, NC. Steele, who lives in Alexander County, is scheduled to appear in federal court in Charlotte on Wednesday. Shes very slick. Perkins is the current owner of AdSign Corporation in Winston-Salem. The Brookford Police Department will be making a second appearance on the TV show On Patrol: Live this weekend. (Facebook photo) A Taylorsville woman accused of embezzling more than $15 million from her employer in Catawba County had been convicted in the past of embezzlement as well. She was fired from the company on Jan. 28, 2020. The best result we found for your search is Donna M Steele age 50s in Hickory, NC. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices. Email: kgriffin@hickoryrecord.com. In addition to the prison term, Judge Kenneth Bell also ordered Steele to pay nearly $17 million in restitution, and she is required to stay on supervised release for three years following her active sentence. In 1993, she faced eight worthless check charges in Forsyth County, according to the county court records. We are gratified that justice if being done.. Detailed court records of the case have since been destroyed, but a summary of the case was available at the Forsyth County Courthouse. Donna Osowitt Steele admitted Wednesday to embezzling more than $15 million from a company in Hickory where she was once CEO. Maybe not surprised, Britt Perkins said. Steele also caused 127 fraudulent and unauthorized wire transfers to be executed as Quickbooks transactions, transferring more than $4.7 million from TIGRAs bank accounts to her personal bank account. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Granite Falls, NC. Assets like this wedding venue in Alexander County, where Seth Couch planned on being married in May. 2023 Cox Media Group. We grabbed lunch downtown and then took a brief stroll on the City Walk. There was a problem saving your notification. We didnt know what we were doing because we didnt get an email a text message a phone call or anything about what to do, Couch said. Former CEO to pay full restitution in $15M embezzlement scheme Former NC CEO accused of embezzling $15 million accepts plea deal. Please subscribe to keep reading. Over the last couple of months, the Steele name has been removed from storefronts and other buildings. Kevin Griffin is the City of Hickory reporter at the Hickory Daily Record. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). @wsoctv pic.twitter.com/SVeD7EhyWr. Thats where the names came from.. CHARLOTTE, N.C., NOV. 3, 2022 - Donna Osowitt Steele, 53, of Taylorsville, N.C., was sentenced today to eight years in prison for embezzling more than $15 million from her former employer, announced Dena J. To the left and right of the main room are hallways leading to the dressing rooms for the wedding party. A man was arrested on an attempted rape charge thanks to the quick action of a local businessman and his friend. Perkins said his father started the business in 1973. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Photos courtesy of LAZE L FARM PHOTOGRAPHY, Photo courtesy of LAZE L FARM PHOTOGRAPHY, Van crashes into industrial clinic on Tate Boulevard in Hickory; no serious injuries reported, Hickory fiber optic company suffered ransomware attack in March, Catawba County Schools announces 5 new principals, LOCAL PRO ROUNDUP: Bumgarner released by D-backs after clearing waivers, Comic book store owner's heroic action leads to arrest of man on attempted rape charge in Hickory, Alexander County high school received concerning call; students are safe, additional police responding, Wine, NC beer now available at two more businesses in downtown Newton, Car flips onto roof, one person injured in Hickory crash, New property values in Catawba County are a land and money grab, Hickory man makes court apperance in fatal hit-and-run, 9-year-old, baby remain hospitalized after crash that killed mother, He was born with defective heart; foundation in his memory touched many in Catawba County, Newton-Conover's Garcia signs with Carolina University for soccer, See a clip now: 'Bar Rescue' episode featuring Hickory pub that airs at 10 p.m. on April 23, Board denies book appeal in 4-3 vote; book challenger says policy unclear, Ukrainian soldiers get targeted by rockets while digging trenches near Bakhmut, Scientists launch new study into humans after realizing spiders lose eyesight due to malnutrition, Analysis: Mom and pop safe as First Republic Bank fails, Biden vows banking system is 'safe and sound'. A Hickory man charged in a fatal hit-and-run in Claremont made his first appearance in Catawba County court on Monday. Steele appeared in front of a federal judge in Charlotte to learn her sentencing. Neither Steeles attorney nor a federal prosecutor involved in the case had returned a call asking for more details on the prepayment as of noon on Thursday. That girl, shes evil, Britt Perkins said. Donna Osowitt Steele was charged with embezzling $15 million from the Hickory office of TIGRA USA. CHARLOTTE The former CEO of a company in Hickory who is accused of stealing more than $15 million was sentenced to eight years in prison Thursday. It will be a working farm. She also siphoned off money from the company to support her side businesses. Steele sentenced to eight years in prison for embezzlement She needs to go away for a long time.. Donna Osowitt Steele is accused of embezzling more than $15 million from her employer, Tigra, in Hickory between 2013 and 2020. Federal defendant Donna Steele arrives at the federal courthouse in Charlotte for sentencing on embezzlement charges in November. Even a billboard with the Steele name on it is now available after her wedding venue down the road was sold. A Taylorsville woman has been charged with a wire fraud embezzlement scheme. You have permission to edit this article. Former NC CEO accused of embezzling $15 million accepts plea deal. Frey said Steele does not plan to comment on the case as of Wednesday and said Steele might have a statement at a later date. They have also lived in Cumming, GA and Winston Salem, NC. Being in this room, Im picturing a bride standing there saying their vows, Carter said. But prosecutors said its a subsidiary of a foreign corporation and makes carbide products used in saw blades for the woodworking industry. Steele pleaded guilty to wire fraud in federal court in Charlotte. The address on file for this person is 178 North Shore Dr, Hickory, NC 28601 in Catawba County. Carter said she was speechless the first time she came down the driveway to the barn venue. The attorneys also claimed the corporate culture at TIGRA brought out the worst in Steele. Donna Osowitt Steele is accused of embezzling more than $15 million from her employer, Tigra, in Hickory between 2013 and 2020, according to court documents. Steele would blame the pay and cash flow irregularities on the companys German owners while also isolating her fellow employees from the owners, instructing them not to communicate with the ownership and to include her in the communications with the ownership, according to the employees. Prosecutors argued in a sentencing memo that Steele went to great lengths to disguise her illicit activity by opening accounts in the companys name without the owners knowledge and pushing through transactions after they had been flagged as potentially inappropriate. ROBERT C. REED, RECORD . Prosecutors also wrote that Steele created a wedge between employees and the German ownership. Prosecutors said Steele had a multi-faceted embezzlement scheme, using her position to make more than $6 million in personal credit card purchases, approximately 98 checks totaling more than $2.8 million, 127 QuickBooks transactions totaling more than $4.7 million; and at least 117 wire transfers totaling more than $2.2 million. Oliver's Landing New Build. She used some of the money to pay for her lavish lifestyle and family businesses. The documents said she used stolen money to fund an extravagant lifestyle and a personal business, Opulence by Steele, in Taylorsville. Donna Steele, 47, is accused of embezzling $15 million from 2013 until 2020 from her employer, Tigra, in Hickory where she worked as CEO. Former Hickory CEO sentenced to 8 years in prison in $15M - Yahoo News Donna Steele lives at 1260 6th N.W. TAYLORSVILLE, N.C. A Taylorsville woman, charged in a wire fraud embezzlement scheme worth millions, has accepted a plea deal. Steeles criminal record goes as far back as 1990 when she was first charged with embezzlement.
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