Beverly Hills Woman Sentenced for State Income Tax Evasion and Grand Theft
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Public Affairs Office
For Immediate Release
Sacramento – A Beverly Hills woman pleaded guilty to one felony count of tax evasion and one felony count of grand theft, the Franchise Tax Board (FTB) announced.
Lizette C. McBride, 54, was sentenced to three years in state prison for failing to file state income tax returns for 2006 through 2009 and failed to report more than $715,000 she embezzled from her employer and wages in excess of $169,000.
McBride abused her position of trust as a personal assistant and bookkeeper from 2006 to 2009. She forged her employer’s signature to pay herself added wages and open an unauthorized credit card account in her employer’s name.
Restitution in the amount of $693,000 was ordered for the victim and $94,000 was ordered for the FTB. The restitution to FTB represents the unpaid tax, interest, and cost of the investigation.
Los Angeles Superior Court Judge David M. Horwitz handed down the sentence yesterday in Department 30 of the Los Angeles County Superior Court, Clara Shortridge Facility. McBride remained in custody.
Los Angeles County Deputy District Attorney Linda Reisz of the Major Fraud Division prosecuted the case. This was a joint investigation between the Los Angeles Police Department and FTB.
FTB’s criminal investigation program identifies and investigates cases of tax evasion and tax fraud to encourage compliance with California income tax laws and maintain public trust.
For more information on other taxes and fees in California, visit: taxes.ca.gov.
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