Special agents from the Tennessee Bureau of Investigation have obtained indictments for a Lincoln County woman accused of misappropriating over $3 million by using her position as a bookkeeper for her own financial gain.
At the request of 17th District Attorney General Robert Carter, TBI special agents began investigating Valorie Diane Bradley on Jan. 25. During the course of the investigation, agents developed information that between May 2007 and January 2016, while working as the bookkeeper for Palatec Manufacturing, she diverted the large amount of company funds for her own purposes.
Ms. Bradley no longer works for the company.
On Tuesday, the Lincoln County Grand Jury returned indictments, charging the 47-year-old Fayetteville woman with four counts of theft above $250,000, four counts of forgery, and one count of money laundering.
Authorities subsequently arrested Ms. Bradley and booked her into the Lincoln County Jail, from which she was released after posting $100,000 bond.