INDIANAPOLIS — An Anderson woman, who was accused of stealing more than $2 million from a Carmel business, was sentenced to 57 months in federal prison after pleading guilty to wire fraud.
According to court documents, from March 2006 until November 2016, 52-year-old Lisa Raines was a senior finance technician for Seven Corners, a travel insurance business located in Carmel.
During her tenure, Raines was responsible for processing claims and releasing payments for disbursement. As part of her duties, Raines had access to the company’s payments systems.
In March 2006, around the time she started her role as a senior finance technician for Seven Corners, Raines said she opened a bank account in the name of “L & B Tape, Co.,” a business that did not exist.
Raines was accused of entering her fake business as a vendor in Seven Corners’ payment system. Between 2006 and 2016, Raines made 65 payments from Seven Corners to her fake business, stealing $2,129,689 from her employer.
Raines then used the stolen money for her own personal use, according to court documents.
For example, in November 2011, court documents show Raines used money stolen from her employer to purchase a house in Anderson for over $600,000.
In November 2015, Raines used stolen money to purchase Mardi’s Gras Too, a restaurant in Lapel, Indiana.
“For over a decade, the defendant abused her position of trust to steal millions of dollars from her employer to satisfy her own greed,” said Zachary Myers, United States Attorney for the Southern District of Indiana. “This U.S. Attorney’s Office is committed to working with the FBI to ensure that those who commit serious financial crimes face serious criminal punishment. The prison sentence imposed here demonstrates that those who seek to profit from fraud and deceit will pay the price behind federal prison bars.”
