Employee charged with $1.2 Million Theft from Tri-State Livestock


McCOOK, Neb. — A local woman accused of stealing more than $1.2 million from her employer withdrew a previous not guilty plea and pleaded guilty to felony theft recently in Red Willow County District Court.

The offender, 54-year-old Trina L. Hoyt of Culbertson, Nebraska, will subsequently face sentencing on a Class 3 felony offense for theft by unlawful taking. The sentencing hearing is scheduled for 10 a.m. on Aug. 3, 2015, in Red Willow County District Court.

The charge filed against Hoyt stems from 26 checks she fraudulently wrote on the account of Tri-State Livestock Commission to her husband, Nathan Hoyt, between January 2012 and December 2013. According to court documents, the checks falsely claimed to be for cattle sold and combined to equal $814,451.

The theft was brought to the attention of law enforcement by Hoyt's employer, Gayle Ruggles, who claimed she stole more than $1.2 million over a four year period between 2010 and 2013. Ruggles and his accountant, Dan Miller, identified suspected embezzlement of $178,903 in 2010; $259,113 in 2011; $313,717 in 2012; and $500,969 in 2013. Ruggles said he became suspicious after he was told his business lost money in 2013.

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Source:  McCook Gazette

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