Oklahoma Attorney General - www.oag.ok.gov

News Release

05/09/2013


Attorney General Pruitt Charges Former YWCA Chief Financial Officer in Embezzlement


Charity working with prosecutors & investigators in case

OKLAHOMA CITY – Attorney General Scott Pruitt Thursday charged the former chief financial officer of the Oklahoma City YWCA in an embezzlement scheme involving more than $280,000. The Oklahoma City charity discovered the missing funds and alerted the AG’s Office.

“Those who seek to take advantage of a charity must be held accountable,” Pruitt said. “Unfortunately, a crime like this can harm a reputable charity like the YWCA and its staff who work diligently to serve the needs of women and children in our communities.”

According to the felony charge filed Thursday in Oklahoma County District Court by the AG’s Public Protection Unit, Shannon Marie Rickards, 41, admitted to charity executives and AG investigators that she transferred ownership of two bank cards to her name to steal funds.

Bank and charity records show the embezzlement totaled $281,410 between October 2010 and January 2013.

Rickards told investigators she used the cards at ATM machines to withdraw funds from an account that belonged to Our Sisters’ Closet, a resale shop where donated items are sold to benefit the YWCA. Rickards also admitted to altering bank statements to cover-up the embezzlement.

The Public Protection Unit protects consumers from fraudulent, unfair or deceptive business practices and can provide conciliation services to help resolve complaints against businesses.

For more information about fraud or to file a complaint, go online to www.oag.ok.gov, e-mail publicprotection@oag.ok.gov or call (405) 521-2029.


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Shannon Rickards charge.pdfShannon Rickards charge.pdf

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Oklahoma Attorney General - www.oag.ok.gov

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