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Fleeing embezzler headed off to jail
December 14, 2012, 05:00 AM Daily Journal Staff Report
The Redwood City construction company controller who literally fled the office when confronted about $350,000 in missing funds was sentenced yesterday to four years behind bars but a judge withheld ordered restitution because the business owners plan a civil suit against her.

Lili Clay, 50, received a four-year prison term which was the maximum she faced after taking a deal in November on felony embezzlement and excessive taking charges. However, under realignment, she will serve the term in the county jail. With credit, she will serve approximately a year and eight months more.

The defense had sought a split sentence in which she would have served half in custody and half on supervised release.

Judge Craig Parson could have also ordered Clay to repay the owners of the Lencioni Construction Company but they prefer to pursue a civil lawsuit, said District Attorney Steve Wagstaffe

Clay, of Mountain View, was accused of writing herself $350,000 in company checks under the guise of reimbursements between January 2011 and August 2012.

The money was spent on personal items, according to prosecutors.

When the owners discovered the discrepancies, they confronted her in the Redwood City office on Aug. 8. After she ran from the site, they reportedly gave chase but were unable to grab her before she reached her vehicle. Weeks later, authorities apprehended her in Exeter, Calif., which is near Visalia.


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