Former Land O' Lakes employee pleads guilty to embezzling $1.1M

A former payroll agent for Land O' Lakes has pleaded guilty in federal court in Minneapolis to embezzling more than $1 million from the company. Cynthia Carol Jacobsen, 58, of Brooklyn Park, pleaded guilty Thursday to one count of mail fraud after she admitted to entering her daughter's name in the company's payroll system and authorizing 489 payments to her.

Author:
BMTN Staff
Updated:
Mar 8, 2018
Original:
Jul 13, 2012

A former payroll agent for Land O' Lakes has pleaded guilty in federal court in Minneapolis to embezzling more than $1 million from the company. Cynthia Carol Jacobsen, 58, of Brooklyn Park, pleaded guilty Thursday to one count of mail fraud after she admitted to entering her daughter's name in the company's payroll system and authorizing 489 payments to her.

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Federal prosecutors accuse a Brooklyn Park woman of stealing more than $1 million from Land O'Lakes between 2008 and 2012. Federal prosecutors say Cynthia Jacobsen, 58, fraudulently authorized payments to her daughter and allegedly used the money for personal expenses. Jacobsen worked as an accounts-payable supervisor.

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