EDC man admits embezzling from employer

An El Dorado County man on Aug. 18 pleaded guilty to wire fraud in connection with a scheme to embezzle money from his former employer.

According to court documents, Jeffrey Lamson, 51, of El Dorado Hills embezzled more than $400,000 between 2009 and 2011 from a company located in Placer and Sacramento counties while he served as controller. Lamson used company funds to make unauthorized payments to himself and others and made payments to a fictitious vendor, controlled by Lamson, for services that were never performed.

Lamson is not in custody. He is scheduled to be sentenced Nov. 24. Lamson faces a maximum of 20 years in prison and a $250,000 fine or twice the gain or loss caused by the fraud.

— Lake Tahoe News staff report