Phelps Woman Indicted by Grand Jury for Embezzlement

A Phelps woman has been indicted by a grand jury on charges she allegedly stole more than $750,000 from her employer's bank account.

Federal prosecutors say 54-year-old Karen Owens was the Director of Finance at Finger Lakes Conveyers from 2003 to 2017. While working there, she wrote herself some 550 unauthorized checks and used the money to pay off her and her husband's credit card debt.

She concealed the money as legitimate payments to company vendors. She is charged with wire fraud and bank fraud

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