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Woman Accused Of Embezzling $3.6M From Chemicals Firm

HOUSTON (AP) - A Sugar Land, Texas, woman accused of embezzling more than $3.6 million from her former employer has pleaded not guilty to wire fraud. Diana Simon is accused of stealing the money from Kaneka Texas, a subsidiary of a Japanese chemicals firm with U.S.

HOUSTON (AP) — A Sugar Land, Texas, woman accused of embezzling more than $3.6 million from her former employer has pleaded not guilty to wire fraud.

Diana Simon is accused of stealing the money from Kaneka Texas, a subsidiary of a Japanese chemicals firm with U.S. headquarters in Pasadena.

Federal prosecutors in Houston say the 49-year-old used the money to buy a luxury home and vehicles and for gambling trips to Louisiana and Las Vegas.

The indictment alleges Simon is accused of using her position as an accounts supervisor at Kaneka to wire money from its bank account to her own from June 2006 to February 2008.

Simon is free on bond. Attempts by The Associated Press to reach her Wednesday evening were not immediately successful.

Her trial is scheduled for Oct. 26.