The former office manager of a Boston-based dental practice was charged in an indictment unsealed yesterday in connection with embezzling funds from her former employer.

Yuliya Vaysglus, also known Julia Vaysglus, 35, of Cary, North Carolina, was charged with eight counts of bank fraud, one count of aggravated identity theft and three counts of filing false tax returns.

Vaysglus was the office manager of a Boston-area dental practice from 2009 until she was terminated in February 2015. Her responsibilities involved tracking client invoices, depositing insurance payments into the practice’s bank account and recording those deposits for accounting purposes.

Vaysglus allegedly misappropriated more than $348,000 from the dental practice between 2009 and December 2014 by diverting to herself at least 276 checks from various insurance companies for services rendered to patients.

As part of the scheme, Vaysglus made the checks payable to herself, forged the owner’s signature on the checks and deposited them into her bank account. In order to conceal the scheme, Vaysglus did not record the insurance payments in the bookkeeping system. The indictment further alleges that Vaysglus failed to report the embezzled funds on her federal tax returns.

Former Office Manager Charged with Bank and Tax Fraud

by Banker & Tradesman time to read: 1 min