MUSKOGEE –A Wagoner woman pleaded guilty recently in federal court to wire fraud and money laundering charges, authorities said.

Angela Rae Williams, 39, entered the pleas before United States Magistrate Judge Steven P. Shreder. The court accepted the pleas and ordered a pre-sentence investigation and sentencing report. The government contends the amount of loss resulting from her crimes to be in excess of $300,000, said U.S. Attorney Sheldon Sperling.

Williams had been employed as an accountant for Unarco Industries in Wagoner. She committed wire fraud by executing a scheme to defraud her then employer, Unarco Industries, by embezzling cash and then making false journal entries to conceal the embezzlement. Williams also committed money laundering by engaging in a financial transaction with proceeds from the wire fraud in as attempt to conceal the nature, source, and control of the money she had stolen.

At the plea hearing, Williams admitted she took money from the company she worked for by giving money to repairmen and keeping the excess. She also admitted making journal entries to cover up the losses and that the entries were wired from Wagoner to Missouri, according to prosecutors.

Williams also admitted money laundering - cashing a check drawn on Unarco's account, covering the check with a false journal entry and taking the money.

Although her conditional plea of guilty permits her to appeal the denial of her motion to dismiss the indictment, the defendant otherwise waived her right to appeal a sentence under the advisory federal sentencing guidelines, Sperling explained.

By statute, Williams faces a maximum punishment of up to 20 years imprisonment and/or a fine of up to $250,000 for wire fraud and 20 years and/or a fine of up to $500,000 or twice the amount involved in the crime, for money laundering. Restitution may be ordered. Advisory federal sentencing guidelines are expected to require consideration of an appropriate prison term.

The case was initiated and investigated by the Wagoner Police Department and further investigated by the FBI, the United States Postal Inspection Service, and the Internal Revenue Service.

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