Ex-CEO charged with embezzling $15M to fund lavish lifestyle
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A former CEO has been charged with embezzling more than $15 million from her employer and using stolen money to pay for a lavish lifestyle, including travel, jewelry and family weddings, according to federal prosecutors.
Donna Osowitt Steele, of Taylorsville, North Carolina, also used stolen money to fund personal businesses run by her family, according to a court filing Friday by U.S. Attorney Dena King's office.
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Steele is charged with one count of wire fraud. Online court records don't list an attorney for her or a date for an initial court appearance.