A former employee of the now-defunct Somerset-Pulaski County Economic Development Foundation has been sentenced to 10 months in federal prison after prosecutors say she mishandled more than $140,000 in funds.
Lisa Gadberry was sentenced in federal court this week to 10 months in prison after pleading guilty to wire fraud charges earlier this year.
Prosecutors say she misspent $142,000 in funds over the course of five years.
According to the plea agreement, Gadberry used the company’s credit card on personal expenses including vacations, retail purchases, gasoline, electricity, cell phone payments, restaurants and entertainment from November 2015 to May 2019.
Gadberry will also have to repay the stolen funds in restitution.
The Somerset-Pulaski County Economic Development Foundation was dissolved shortly after the fraud was uncovered, and reemerged as the Somerset-Pulaski Economic Development Authority.
