Charges: Woman stole $470K from employer to support her essential oils business

The 49-year-old has a history of fraud and theft.
Author:
Publish date:
Tamara Gretz

A woman with a history of fraud has been charged with swindling her employer out of $470,000 and using it to support her own side business.

Tamara Gretz, 49, of Mankato, has been charged with card fraud, check forgery and theft by swindle after allegedly stealing hundreds of thousands of dollars from NuStar Realty over a period of several years.

The alarm was raised last month, when the company owner was told a business check had been rejected due to insufficient funds.

Suspicion fell on Gretz, who had been employed by the firm as an office manager for six years, and who had control over the company's QuickBooks account.

She provided the company's attorney with the QuickBooks records, which showed a figure of over $71,000, but when she was asked to provide actual bank account records, she placed a single piece of paper down on the owner's desk and quickly left the room.

Rather than $71,000, the actual balance was a little over $1,200.

Further investigation determined she had embezzled just over $470,000 from company coffers between 2014 and 2019.

Some $238,487 of this was via forged checks, $118,648 in other checks, $108,551 in unauthorized credit card payments, and $4,360 in forged checks to family members.

Study of her credit card statements suggested she was charging items on the company card to support her essential oils side business as well as buy items for her family.

Sign up: Subscribe to our daily newsletters

She told police she started making the payments when she was in debt, and that she had lied to her husband about it, telling him the extra money she was getting was the result of company bonuses.

Gretz said she'd used the credit card to purchase baby items for her daughter in Virginia, craft items for her company, as well as medications, house payments, and car payments.

In the past she has been convicted of stealing from an employer, and other convictions for felony theft, felony issue dishonored check, felony check forgery, and felony financial transaction card fraud.

Next Up

Byron Buxton

Buxton placed on IL, Trevor Larnach called up

Buxton could be out "for weeks" with a hip strain.

A bald eagle perched on branches.

USFWS confirms 2 bald eagles were shot dead

The agency is offering a reward for information in the case.

A newborn baby, wrapped in a blanket with its mother.

Most popular baby names includes one not in top 10 for 100 years

But Olivia and Liam once again led the way for girls and boys.

Minnesota Lottery

Names of big Minnesota Lottery winners to be kept private thanks to new law

The Minnesota Legislature passed the bill unanimously and Gov. Tim Walz signed it into law this week.

FLickr - COVID-19 vaccination - Commander, U.S. Naval Forces

All 8 state COVID-19 vaccine sites now accept walk-ins

Adults can get a no-cost vaccine without making an appointment.

Wilf

Report: Vikings owners nearing purchase of Orlando City MLS franchise

The Wilfs reportedly attempted to buy the Minnesota United expansion franchise years ago.

bemidji paul bunyan

Video shows the moment someone broke the Paul Bunyan statue's arm

Police are asking for the public's help to identify those involved.

bridgeman's food truck duluth

Last remaining Bridgeman's Restaurant is launching a food truck

The Duluth restaurant is the only remaining full-service Bridgeman's in business.

FLickr - electric drive vehicle charging - Open Grid Scheduler

Minnesota can move ahead with Clean Cars program, judge says

She recommended the proposed rules be adopted.

Rochester Fire Department Twitter - car crash photos

Car crashes through wall of Rochester home

The city's fire department shared some dramatic photos of the wreck.

Related

money, cash, $100

Former clerk charged with embezzling $650K in Township funds

The 70-year-old is accused of misappropriating funds.

Serial con man captured women's hearts, then stole their money

The Twin Cities man will spend the next 24 years in prison for his scheme.

Charges: Mayo Clinic staffer's mileage swindle cost hospital $72,000

The 50-year-old has been charged with theft-by-swindle.

One-dollar bill, cash, money

Charges: Minnesota oil executive stole more than $930K from his employer

The Apple Valley man is charged in federal court with one count of wire fraud.

Charges: Pastor stole booze from liquor store, keyed customer's car

The 38 year old is facing theft and damage to property charges.

Charges: Project manager stole $350K from employer to build a cabin

The 46-year-old was caught after the CEO monitored his emails.

Roby

Charges: Father and daughter stole from liquor store that employed them

The pair voided more than $2,000 of customer transactions and pocketed the difference.

Hennepin Co. worker, husband stole $250K in government benefits

They were both handed prison sentences for the fraud.