Joanne Shea, 72, worked as the firm’s accounts receivables clerk in Bolton, Massachusetts between 1993 and 2006.
According to a statement, “In October 2006, the Massachusetts Attorney General’s office began an investigation after Shea’s alleged misconduct had been reported by her former employer. Authorities allege that between 1993 and 2006, while working as an accounts receivable clerk… Shea allegedly stole money and goods from the auction house by using a complex ’lapping’ scheme.
“Even when misallocating payments, Shea would provide accurate information to the company’s inventory system to ensure that paid customers received their items upon payment even when Shea left their invoices ’open.’”
She was due to be formally arraigned on the charges of Larceny and Making False Entries in Corporate Books on January 7.
Skinner issued a statement saying that they had detected the theft while investigating irregularities involving Shea.
“The theft did not involve any client or employee accounts or property and was limited solely to a theft against Skinner,” they explained.