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Woman Pleads Guilty to Stealing Millions in Online Romance Scam

By Paul Torres Apr 10, 2024 | 12:33 PM

WABASHA COUNTY, Minn. – Sharon Schmalzriedt, 61, pleaded guilty to felony theft after stealing over $3.75 million from her employer and another $17,500 from a vulnerable adult. She fell victim to an online romance scheme, sending money to a man she met online who claimed to need U.S. currency to collect $7 million owed from working in Dubai. Schmalzriedt, who worked remotely as a bookkeeper, sent money from her employer’s accounts, leading to her termination for “gross negligence.” She faces five years of probation, $3,751,337.06 in restitution, and 1,000 hours of community service. Sentencing is set for June 25.