- Associated Press - Wednesday, October 1, 2014

PORTLAND, Maine (AP) - A Portland woman has been sentenced to nine months in prison for embezzling more than $330,000 from a Chinese company that planned to invest in a Baileyville paper mill.

Jody Flynn was also sentenced to three years of probation, ordered to perform 500 hours of community service, and to pay full restitution.

The 61-year-old Flynn pleaded guilty in August to a felony theft charge.

Prosecutors say Flynn formed Greentree Renewable Energy Inc. to facilitate the mill’s sale.

Authorities say she took a $500,000 investment and spent most of the money in 2009 and 2010 on her daughter’s college tuition, a car, and jewelry.

The mill’s owner later decided not to sell, and the Chinese company asked that most of the investment be returned.

Flynn claimed the money was a loan.


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