Tag Archives: Orange is the new black
An Orange County real estate consultant who stole $285,000 from Roman Catholic nuns and used it to buy lingerie and lease a sports car was convicted Tuesday of three counts of wire fraud.
After a three-day trial, a federal jury in Santa Ana convicted Linda Rose Gagnon, also known as Linda Gualtieri-Gagnon, 59, of defrauding the U.S. Province of the Religious of Jesus and Mary.
Asst. U.S. Atty. Robert Keenan said Gagnon told the nuns in 2008 that she was an expert in handling short-sale and foreclosure transactions and offered to help them buy a small home in San Diego they were renting for retired sisters in the religious order.
But Gagnon did not use the order’s funds to purchase the retirement home. Instead, she used it to buy lingerie, lease an Audi and pay off debts for her real estate finance company, Rose Enterprise, Inc. according to Keenan.
After only 64 days, Gagnon spent the entire sum — $285,000, he said.
“She paid off $42,000 she borrowed. There was $448 at Chadwick’s of London, an intimate apparel store in San Francisco. Then she went shopping at Nordstroms, visited the nail salon and of course a pet-sitting service…. She also leased an Audi TT sports car,” Keenan said. “She was living nicely on the nuns’ money.”
The nuns, after initially accepting Gagnon’s explanations for delays in the home purchase, realized they had been defrauded when she did not respond to their messages. The order specializes in charitable and educational work.
At one point, Gagnon told the nuns she needed another $285,000 to buy the San Diego residence, saying the original $285,000 was tied up in a “triple escrow” on another property.
Throughout the trial, Gagnon’s lawyer portrayed her as operating a bad business and accidentally comingling the funds. Gagnon did not testify, but two Catholic priests took the witness stand to attest to her character, Keenan said. They assured the court “she is really quite honest,” he added.
At sentencing next February, Gagnon could receive up to 20 years in prison for each of the three counts. Keenan said a more realistic sentence would be about four years total.
Keenan said the nuns eventually had to come up with another $255,000 to buy the home, which is about three miles from the U.S.-Mexico border.
The iconic Harvard comedy club, The Lampoon, is now being run by two women. Eleanor Parker, and President Alexis Wilkinson. Women are making such inroads in all areas of life and now it includes The Lampoon. What does this mean for women? This change sends a signal that women are welcome in what have been traditionally a testosterone structure according to the story on the Today Show,
So what does this have to do with Pink Collar Crime? This is just another stepping stone for women in the workplace. And if you have been following this blog I think it is another step for women to reach even higher levels of success. When will there be a Bernice Madoff? As Freda Adler told me it is just a matter of time before we meet Bernice Madoff. Stay tuned for bigger embezzlements perpetrated by women who are in higher levels of trust and money just like women being in the higher levels of comedy.
On Thursday, January 9, 2014, I will be talking with PI’s Declassified Francie Koehler about our favorite topic-Pink Collar Criminals. The show starts at 9:00am Pacific time. I hope you can either hear it live or catch it later as a podcast. What a great way to start 2014. This year is going to be a breakout year for Pinkcollarcrime.com. Look forward to lots of blog postings, speaking engagements and a book!
I have been asked to see who is reading the blog and if you might relate to the blog because you have been convicted of this type of theft.
Are you the last person someone would expect has been to prison?
*Did you feel like you didn’t “fit in” while you were incarcerated?
*Were your family and friends shocked that you were even arrested?
*Were you charged with a “white collar” crime?
*Did you do time because of something your husband, boyfriend or best friend did?
If this sounds like you or someone you know – we want to hear from you!
A groundbreaking production company is currently searching for stories from women between the ages of 25-55 for a new documentary television show that will challenge conventional thought about the “type” of person who does time.
If are interested in sharing your story and shedding light on your unique experience please contact us. At this time all information is PRIVATE and CONFIDENTIAL and will NOT be used for broadcast unless specified in writing at a later date. For now, we just want to hear your story and you will be completely ANONYMOUS if you prefer.
There is pay if you are selected and agree to be on the show.
If you fit in the above categories please contact me at Kelly@financialcaseworks.com. I will pass your information on to the casting company. We would love to talk with you.