(Phoenix, Ariz. – March 5, 2008) Attorney General Terry Goddard and Felecia A. Rotellini, Superintendent of the Department of Financial Institutions, announced the indictment today of Lisa Gorney, 40, and Eduardo Nicholson, 42, both of Glendale, on charges of theft, fraud and illegally conducting an enterprise.
According to investigators, between Dec. 1, 2006 and April 30, 2007, Gorney worked as a branch manager for Title Security Agency of Arizona, dba Premier Title Group, in Phoenix. During that time, she allegedly embezzled more than $950,000 from escrow accounts she managed. She then allegedly transferred these funds to Nicholson.
Gorney and Nicholson are scheduled to appear in Maricopa County Superior Court on April 17. The indictment is the result of a joint investigation between the Attorney General’s Special Investigations Section, the Department of Financial Institutions and the Glendale Police Department. Assistant Attorney General Philip Garrow is handling this case.