Every once in a while a story seems shocking enough to warrant a closer look.
Such is the case against Lynn Renee Loss.
The contractor working for Emmerich Properties and entities attached to the real estate company is alleged to have embezzled as much as $1 million from the company’s various entities.
Loss faces four felony charges involving fraudulent corporate writings, an allegedly fraudulent insurance claim, tax fraud and identity theft, along with three misdemeanor fraud and theft charges.
Loss, 68 of Weston, runs Lynn’s Professional Assistance Plus, and according to the complaint, she funneled a lot of money from Emmerich into PAP, using those funds to make payroll. They also include extravagances such as a Harley Davidson motorcycle, and money went to people related to her, the complaint says.
According to investigators, the fraud ranged from 2019 through this year. And while Emmerich officials told police they thought its finances were a mess and had suspected Loss of sloppiness in the last couple of years, they didn’t suspect fraud.
Until they did.
Investigators enter the picture
Emmerich and Associates took over Emmerich Holdings in April of this year. That’s when they forced Loss’ resignation, according to the criminal complaint. She was then removed from the charitable trust in May.
