Executive charged with embezzling $5.7M

Published 10:36 am Tuesday, April 19, 2016

GRANITE FALLS (AP) — The former chief financial officer for a large industrial contracting company from Granite Falls is charged with embezzling $5.7 million from her employer.

Federal prosecutors say 38-year-old Kirsten Tjosaas bought five houses, at least three cars and several recreational vehicles with the money she siphoned from Fagen Inc. between 2006 and 2015. She’s charged with wire fraud and money laundering.

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