Police Arrest Suspect For Embezzling Cancer Funds
By Space Coast Daily // April 9, 2013
Hundreds Of Thousands Of Dollars Missing
BREVARD COUNTY • PALM BAY, FLORIDA – A Palm Bay suspect faces felony charges after being arrested Tuesday for embezzling money from a cancer care group.
Palm Bay Public Information Officer Yvonne Martinez said Mary Elizabeth Snyder of Palm Bay, 45, was arrested and charged with scheming to defraud and grand theft involving hundreds of thousands of dollars of missing money from a cancer care group in which she served as treasurer.
Martinez said the warrant on Snyder carries a $500,000 bond.
She said that on March 20, the president for Oncology Managers of Florida, Inc. filed a police report regarding an ongoing scheme to defraud and a grand theft of cash.
According to the police report, Oncology Managers of Florida said there were discrepancies in company’s bank account, specifically $42,435 in funds that had been electronically transferred in small amounts over a period of time from the account to various bank cards belonging to OMF Treasurer Mary Snyder.
As a result of the discovery, OMF’S board of directors convened and voted unanimously to terminate Synder from her position and move forward with criminal charges.
However because of the statute of limitations, Snyder can only be charged for acts that occurred between 2009 to 2013.
That amount involves nearly $50,000.
“The electronic trail of evidence shows payments to Synder’s multiple credit card accounts,” said Palm Bay Detective Mark Fell. “Ms. Snyder was the only person that had access to the password protected OMF bank account.”
Oncology Managers of Florida, Inc. is a professional organization that provides information, educational support and consulting for medical policies and governmental issues in the state of Florida.
Marinez said Snyder sat on the Oncology Managers of Florida board member for about eight years.