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Ex-bookkeeper gets 2 years in prison for embezzlement, tax fraud

RHINELANDER, WI (WTAQ) - A former bookkeeper in northern Wisconsin will spend two years in prison for stealing $660,000 from her parents' recreational lake equipment business.  

46-year-old Lisa Saykally took the money from Aqualand Manufacturing of Woodruff over several years.  

Oneida County Circuit Judge Patrick O'Melia told her to repay $727,000, including tax-related penalties. She was ordered to get full-time employment, among other things, during a lengthy probation and extended supervision.  

Saykally pleaded no contest to six embezzlement and tax fraud charges. Eleven similar counts were dropped in a plea deal.  

At her sentencing hearing Thursday, prosecutors said Saykally destroyed her family's trust by using the stolen money for a lavish lifestyle. Her sister-in-law, Nadine Kuehneman, told the judge that the business nearly went under, and several people lost jobs due to Saykally's embezzlement.

Prosecutors wanted an eight-year prison term. The judge said Saykally needs some prison time -- but she also needs to be working so she can pay back what she stole.

(Story courtesy of Wheeler News Service)