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Los Angeles Business CFO Sentenced to Prison for State Tax Evasion and Embezzlement

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For Immediate Release

09.18.2012

Sacramento –– A Los Angeles woman was sentenced to two years in state prison for felony state tax evasion and grand theft, according to the Franchise Tax Board (FTB).

Donna Glenn Walker, 57, was employed as a chief financial officer (CFO) for a West Hollywood post-production sound company from 2003 to 2007. In August, she pled guilty to one count of filing a false state income tax return and one count of grand theft for embezzling more than $500,000 from her employer. Walker used her position as CFO to make unauthorized credit card purchases for her personal use.

In addition to the fraud, Walker failed to report the illegal income on her state tax returns. She also claimed false tax deductions. All income is taxable including income from illegal sources. Walker owes the state more than $53,000 in unpaid tax. The restitution order for FTB totals more than $113,000, which includes interest, penalties, and the cost of the investigation.

Los Angeles County Superior Court Judge M. L. Villar de Longoria handed down the sentence Friday in Department 41. Los Angeles County Deputy District Attorneys Melissa Cheslock and Denise Moehlman prosecuted the case. This was a joint investigation between the Los Angeles County District Attorney’s Office, the Los Angeles Sheriff’s 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 the public trust

 

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