MN Woman Sentenced for Embezzling $421K from Allianz
Kimberly Dana Swenson, a former employee of Minneapolis-based Allianz Life Insurance Company, was sentenced Tuesday to one year and one day in prison for embezzling about $421,000 from her employer, according to Minnesota's U.S. Attorney's Office.
Swenson, a 38-year-old woman from Shoreview, was charged in March and pleaded guilty in April to one count of mail fraud.
In Swenson's plea agreement, she admitted to embezzling the money from Allianz between 2008 and 2010 while working there as a client services specialist.
The original charge, which provided very few details regarding the fraud, states only that Swenson “knowingly and intentionally created, devised, executed, and attempted to execute a scheme and artifice to defraud, and to obtain money and other things of value, by means of materially false and misleading statements and representations by which she was able to embezzle” the money.
The U.S. Attorney's Office said Tuesday that Swenson “made false and misleading statements and representations to her employer” in order to obtain the funds.
In court documents that outlined Swenson's position prior to sentencing, her attorney described her life leading up to the indictment, including high school attendance in Mounds View, as “quiet, unassuming, and productive” and said that the offense was “borne of unusual and financial stress relating to bad tax advice and her husband's multiple deployments with the U.S. Army National Guard to Iraq.”
“Ms. Swenson immediately owned up to what she had done and cooperated with investigators and this legal process,” her attorney wrote.
The case stemmed from an investigation by the Federal Bureau of Investigation and the U.S. Postal Inspection Service and was prosecuted by Assistant U.S. Attorney Joe Dixon.