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Ex-Facebook Exec Admits to Stealing $4 Million from the Company

December 15, 2023
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In a Fb Story she hoped would by no means change into public, former Fb worker Barbara Furlow-Smiles entered a responsible plea at present for stealing over $4 million from the social media large, in keeping with the U.S. Legal professional’s Workplace within the Northern District of Georgia.

The Atlanta-based Furlow-Smiles, 38, led variety, fairness, and inclusion (DEI) packages for Fb (whose father or mother firm is Meta) from 2017 to 2021. Throughout that point, she used her place and Meta cash to dwell like a rockstar, reserving costly hair stylist appointments and babysitting companies. She even stole cash to pay a hefty $18,000 tuition fee for a preschool.

“This defendant abused a place of belief as a world variety government for Fb to defraud the corporate of hundreds of thousands of {dollars}, ignoring the insidious penalties of undermining the significance of her DEI mission,” mentioned U.S. Legal professional Ryan Ok. Buchanan.

Associated: Watch out for Prime Scams This Vacation Season, Amazon Warns

How she did it

Buchanan detailed Furlow-Smiles’ elaborate rip-off intimately. First, she linked her company bank cards to her private digital fee platforms, together with PayPal, Venmo, and Money App. Then, she used these apps to pay kin and associates for items and companies allegedly for Fb. However in actuality, nothing went to the corporate. The accomplices returned a lot of the cash to Furlow-Smiles as a money kickback. To cowl her pretend bank card expenses, Furlow-Smiles submitted fraudulent expense experiences.

However the fraud didn’t cease there. Furlow-Smiles additionally employed associates and associates as distributors for Fb, approving their inflated invoices and taking a share. Some companies she acquired included $10,000 to an artist for a portrait.

Meta has not mentioned a lot publicly in regards to the case. In an e mail to The Atlanta Journal-Structure, they wrote, “We’re cooperating with legislation enforcement on the case concerning this former program supervisor, and we are going to proceed to take action.”



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Tags: AdmitscompanyExecExFacebookmillionStealing
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