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A 38-year-old Lakewood woman was sentenced to eight years in prison for embezzling $327,000 from two Jefferson County businesses where she was employed as a bookkeeper. Joy Belle Phelan stole $315,000 from a medical office in Wheat Ridge in 2004-2008. She also embezzled $12,000 from a small business in Lakewood where she worked from November 2009 and July 2011. Doing business as Magical Bookkeeping Solutions Phelan diverted funds from both businesses into her business accounts. The funds were used for her personal living expenses. District Attorney Scott Storey commended the investigative work done by the Wheat Ridge and Lakewood police departments. “These cases are very time consuming but it is very important that we protect businesses in our community by holding offenders who are in a position of trust accountable,” said Storey. “We are pleased with this sentence and the message it sends.”
Phelan was arrested in October, 2011 and charged in two felony cases. One case named a doctor in Wheat Ridge as the victim, and the other case involved Business Honoring Spirituality in Lakewood as the victim. On February 10, Phelan pled guilty to felony theft in both cases. She was sentenced on June 5 to four years in prison in each case. Judge Randall Arp ordered that the sentences be served consecutively for a total of eight years in prison.
June 13, 2012
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