Hawkins woman awaits sentencing in $1.8M embezzlement case
TYLER – Lina Su, also known as Lina Perkins, of Hawkins awaits sentencing in U.S. District Court in Tyler after pleading guilty June 7 in connection with the embezzlement of $1.8 million.
Sentencing in federal cases generally takes three to six months after a finding of guilt, according to a spokesperson for the U.S. Attorney for the Eastern District of Texas. A sentencing hearing will be scheduled after the completion of a presentence investigation by the U.S. Probation Office. Under federal statutes, Su faces a maximum of life in federal prison; however, a plea bargain was struck before her guilty plea. The plea agreement remains under seal.
Su, 49, pleaded guilty June 7 to two counts of wire fraud and one count of money laundering before U.S. Magistrate Judge K. Nicole Mitchell, according to the U.S. Attorney’s Office in Tyler.
The government alleged that in March of 2017, Su made several unauthorized wire transfers from VIG Furniture bank accounts into an account she controlled at City National Bank in Sulphur Springs. In 2015 and 2016, she also made unauthorized transfers from Airport Van Rental and ACE Medical Transport bank accounts into her personal checking account. In addition, Su used funds from those companies’ accounts to make personal credit card payments, purchase land, and pay contractors constructing her home in Wood County. Altogether, Su embezzled and transferred over $1.8 million from the California companies she was working for during the time period, according to federal prosecutors. Su was indicted by a federal grand jury on Dec. 13, 2017, and arrested in January.
The case was investigated by the Internal Revenue Service, Criminal Investigation, Tyler Office, the Vernon California Police Department, and prosecuted by Assistant U.S. Attorneys Jim Noble and Robert Wells with the assistance of the Financial Litigation Unit.