Facebook Embezzlement Scandal: Barbara Furlo Smiles Sentencing Update – Latest News

2023-12-17 09:55:26

The accused, who pleaded guilty in the case of embezzling $4 million from Facebook, will be sentenced in March next year. Barbara Furlo Smiles, a native of Atlanta, was arrested in the case of embezzling money from Facebook to live a luxurious life. The woman, who was in charge of the company’s Diversity, Equity and Inclusion (DEI) initiatives, committed the fraud between January 2017 and September 2021.

US Attorney Ryan K. Buchanan’s office in Georgia responded that the company abused the trust and position the company had in Barbara through her leadership position on the company’s DEI program.

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Barbara used the money to meet her personal needs, including $18,000 for a preschool. They used the Facebook Xexpend account to transfer money to various personal expenses. Barbara linked her company credit card to digital payment sites like Venmo and Pay Pal and paid for transactions she didn’t make. The information is that they had involved their friends and some relatives in this. Barbara transferred money to the partners’ personal accounts, and then Barbara or her husband often received some of the money.

The attorney’s office said in a news release that Barbara embezzled $4 million to live a life of luxury by creating expenses that did not exist.

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