Annie Corbett, 55, formerly of Redwood City, was charged in October of 2020 with wire fraud in connection with her Corbett Group Homes, Inc.
Corbett also admitted to taking funds meant for the care of foster children that were given to her by private charities and local governments and depositing them into her own personal bank account. With these funds, she made payments to her personal credit cards, her personal retail business, and for a vacation time share.
In all, Corbett agreed in her plea agreement to fraud loss amount that exceeded $550,000.The maximum statutory sentence she can be given for wire fraud is 20 years in prison and a fine of $250,000. For willful failure to pay employment taxes, Corbett is facing a maximum sentence of 5 years in prison and a fine of $250,000.
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