- Associated Press - Monday, September 29, 2014

WINSTON-SALEM, N.C. (AP) - A Kernersville woman has pleaded guilty to charges that she embezzled more than $500,000 from one of Winston-Salem’s oldest real-estate companies.

The Winston-Salem Journal reports (https://bit.ly/1xuHaTZ ) 45-year-old Angela McGee Ring pleaded guilty in Forsyth County Superior Court on Monday to two counts of felony embezzlement. She was sentenced to between seven and 10 years in prison.

Assistant District Attorney Brian Taylor said in court that Ring worked for Home Real Estate, a company that was started in 1906 and is now owned by the founder’s grandson and his daughter.

An investigation by Winston-Salem police reviewed paperwork going back to 2001. It showed Ring had embezzled $531,675 over 11 years, using the money for expensive dinners, personal bills and vacation, among other things.

Ring apologized to the owners before being sentenced.


Information from: Winston-Salem Journal, https://www.journalnow.com

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