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Posted: 10:20 a.m. Monday, Feb. 11, 2013

Cobb County woman charged with embezzling over $700K

By Bob Coxe

Marietta, GA —

A Marietta woman is being held on a one million dollar bail in Cobb County, for allegedly stealing from her former employer.

Forty-three-year-old Sharron Rice is accused of forging her boss's signature at Del Development on more than 840 checks over a five-year period.   The company manages apartment complexes.   During that time she allegedly embezzled some $737,000, and deposited the money in an account at Regions Bank.  

Her boss apparently noticed the discrepancies last August, when she stopped working for the company.  

Rice faces a bond reduction hearing February 21st. the Cobb District Attorney says conviction could mean up to 20 years in prison.