Secret Company Credit Card Funds Controller’s Life

Donna Laansma obtained a corporate credit card as a controller for Astea in 2014 that she kept hidden from management and used until 2020. She paid down the credit card with company funds and hid the payments by allocating them to legitimate business expenses in company books. Laansma was sentenced to three years in prison for embezzling 1.8 million dollars from her employer and failing to report the money on her tax returns.

Laansma used the credit card to pay for personal expenses that included her son’s college tuition, vacations, gift cards, shoes, groceries, and furniture. The secret credit card was discovered in 2020 after Astea was acquired by another global software company. Laansma failed to report any of the 1.8 million dollars she stole on her tax returns.

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