World

Facebook’s Ex-Top Manager steals 32 crores from company, spends in maintaining lavish lifestyle

Former global head of Facebook’s Diversity, Equity, and Inclusion Barbara Furlow-Smiles acknowledged stealing more than $4 million (roughly Rs 32 crore) from the business using fake invoices, false accusations, and cash kickbacks.

She received the money between 2017 and 2021, and she used it to maintain an opulent lifestyle in Georgia and California.

Furlow-Smiles connected her corporate credit cards to payment services like PayPal, Venmo, and Cash App through manipulating the company’s expense account system. This allowed her to pay different people for services that she never actually gave to Facebook, the investigation has discovered.

These beneficiaries, which included friends, family, and business partners, would subsequently return a portion of the funds to Furlow-Smiles.

“Associates paid cash kickbacks in person and by Federal Express or mail, sometimes wrapping the cash in other items, such as T-shirts,” a press release by the attorneys said.

As per court documents, the old top manager, “knowingly devised and intended to devise a scheme and artifice to defraud Facebook and to obtain money and property by means of materially false and fraudulent pretences, representations, and promises, and by omission of material facts.”

She paid for personal expenses like hair salons, babysitters, and even $18,000 in preschool tuition with the money she stole, among other fraudulent activities.

Barbara Furlow-Smiles will be sentenced on March 19, 2024, after entering a guilty plea. She is free on a $5,000 bond until then.

Also Read: NHRC sends notice to Karnataka Government over woman stripped-paraded naked in Belagavi 

Shivanshi Srivastava

Recent Posts

PM Narendra Modi Meets Thaksin Shinawatra; Discusses Stronger India-Thailand Ties

During his Thailand visit, PM Narendra Modi met former Thai PM Thaksin Shinawatra & discussed…

22 mins ago

PM Modi Announces Sending Lord Buddha’s Relics To Thailand

PM Modi announced that India will send relics of Lord Buddha, discovered in Gujarat’s Aravalli…

14 hours ago

PM Modi Shares Highlights From Bangkok: A Vibrant Welcome, Community Connect, & The Ramayan!

Prime Minister Narendra Modi highlighted the deep cultural ties between India and Thailand during his…

14 hours ago

Judicial Strength At Risk, Says Delhi HC Bar Association On Justice Singh’s Transfer

The Delhi High Court Bar Association has raised concerns over Justice Chandra Dhari Singh’s transfer…

15 hours ago

PM Modi: Thailand Key To India’s ‘Act East’ Policy & Indo-Pacific Vision

Prime Minister Narendra Modi, during his visit to Bangkok, highlighted Thailand's strategic importance in India's…

15 hours ago

Thailand Releases Commemorative Stamp Showcasing 18th-Century Ramayan Murals During PM Modi’s Visit

Thailand unveiled a commemorative stamp featuring 18th-century Ramayan mural paintings, marking the first day of…

16 hours ago