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Tidewater employee cited for theft Print E-mail
Written by Jane Stebbins, Pilot staff writer   
April 16, 2013 09:51 pm

Peggy Anderson of Brookings has admitted her involvement in the theft of several thousands of dollars from Tidewater Contractors in Brookings, Sheriff John Bishop said Monday.

The 50-year-old woman, who has worked for the company as the accounts receivable clerk for six years, said last Thursday during an interview with investigators that she took the money over a period of time.

This is the second time in less than a decade that a Tidewater employee has been involved in embezzling company funds.

Anderson and Gary Alan Green, 50, of Brookings, might have worked together – he as the chief financial officer and she as an accountant – in 2007 and 2008, when he was arrested.

“If they were there together, and the records lead that way, we’ll take a look at that,” Bishop said. 

“But as of right now, there is no indication that one has anything to do with the other.”

Bishop added, “You go into these investigations with your eyes wide open. White collar crime is different. You have to let it take you where the numbers take you.”You have to have the records.”

Anderson was issued a citation to appear in court on charges of aggravated first-degree theft until the internal audit is conducted and the investigation unfolds.

Sheriff John Bishop said when a person is charged with a crime, by law, they must be heard in court within 60 days, unless they choose to waive that. Sixty days might not be enough time in which to collect bank and credit card financial documents.

“We’re going to subpoena through bank records and credit cards; it just takes time to do all that,” Bishop said. “That’s one of the reasons she didn’t go to jail, and was just cited. We might not have all the proof (in 60 days). We want to do a full and proper investigation.”

Tidewater owners Dave Baldwin and Jess Fitzhugh declined to comment as the investigation is ongoing.

In 2009, Gary Alan Green, 50, of Brookings, was sentenced to 5 1/2 years in federal prison for mail fraud and money laundering. He was also ordered to pay $402,706 in restitution to Tidewater Contractors.

While serving as the company’s chief financial officer, he devised a sophisticated scheme to defraud the company, embezzling more than a half-million dollars between September 2007 and September 2008.

Green, who was making an annual salary of $90,000 at the time, then used the funds to invest in mutual fund companies, to take a Greek honeymoon and purchase cattle and a 53-foot sailboat and other personal expenses.

The sentenced imposed on Green was longer than the federal sentencing guideline range because he had been convicted in state court in Medford on racketeering charges in 2003. There, he committed a similar crime, embezzling more than $600,000 from Darez Inc., an Ashland-based business where he was employed as an accountant.

He was convicted on three counts of aggravated theft and one of racketeering, and spent 18 months in prison. 

 

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