Affidavit: Lufkin woman admits to taking $70k from employer

Affidavit: Lufkin woman admits to taking $70k from employer

HUDSON, TX (KTRE) - Hudson police have arrested a Lufkin woman accused of stealing more than $70,000 from her employer over a two-year period.

Paula Michelle Smith, 45, is charged with third-degree misappropriation of fiduciary funds. She was arrested Wednesday and posted a $5,000 bond.

According to an arrest affidavit, the investigation started on May 7 after the owners of Overhead Door Company reported Smith was being questioned about missing money. They said they had noticed during an audit that deposits were not matching up with the intake of funds. So one owner asked Smith for deposits and reported Smith began acting funny.

On May 4, one owner said he realized there was a large sum of money missing, totaling $71,136.46.

The affidavit states Smith later came to the Hudson police department and provided a written statement in which she admitted taking cash and using it to pay personal bills. She also said she would go to Shreveport to gamble.

"I would be in a bad spot, and I would try and make sure nothing would get turned off," Smith wrote, according to the affidavit. "I over extended myself, before I knew it. I stayed sick all of the time worrying about how I was going to pay it back before they found out. I want to pay it back."

Smith said in the statement that she took money as often as twice a week, according to the affidavit.

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