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Woman charged with embezzling nearly half-million dollars from employer

ATHENS, WI (WTAQ) - A central Wisconsin woman is free on a signature bond, after being accused of stealing almost a half-million dollars from an employer.

40-year-old Michelle Walters of Athens is charged with 7 felony embezzlement counts. She allegedly stole the money from the Wausau retirement planning firm of Northwestern Wisconsin Associates.

Authorities said the money was taken over a 20-year period from the firm’s business account, and no clients lost any retirement funds.

Officials said Walters wrote unauthorized checks to credit card firms, utilities, travel agents, and other companies for the defendant’s personal gain.

She waived the state’s time limit to hold a preliminary hearing, and the status of her case will be discussed at her next court hearing July 1st.