SUSPECTED WATSONVILLE EMBEZZLER IN CUSTODY VS

A WOMAN (SUSPECTED OF EMBEZZLEMENT) TURNED HERSELF IN TO WATSONVILLE POLICE DETECTIVES (TODAY) THURSDAY. 54-YEAR-OLD DENISE SMITH IS CHARGED WITH MISAPPROPRIATION OF FUNDS AS A BOOKKEEPER AT C.I.M. AIR. THE WATSONVILLE AIRPORT BUSINESS EMPLOYED SMITH AS BOOKKEEPER FROM 1987 TO EARLY 2004. THE WRONGDOING REPORTEDLY BEGAN IN 1994 AND CONTINUED UNTIL SHE LEFT THE BUSINESS. AN INVESTIGATION (THAT BEGAN IN MARCH OF THIS YEAR) DETERMINED APPROXIMATELY $330.000 WAS TAKEN BY SMITH, WHO NOW LIVES IN LIVERMORE. SHE IS BEING CHARGED WITH EMBEZZLEMENT, FORGERY, AND FALSIFYING BUSINESS RECORDS. HER BAIL WAS SET AT $500,000.