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Cargill Accountant Sentenced To 5 Years For $3.1M Theft

WAMC file photo

An accountant who admitted to stealing $3.1 million from agribusiness giant Cargill, Inc. has been sentenced to five years in prison. 

Diane Backis was sentenced Tuesday in federal court in Albany to mail fraud and filing a false income tax return. She agreed to pay $3.5 million in restitution and faces two years of supervision after her release from prison.

Federal prosecutors say Backis, 51, not only diverted customer payments to her own accounts over 10 years, but caused at least $25 million in losses to the Minnesota-based company.

She pleaded guilty last November.

Backis was an accounting department manager at Cargill's Albany grain elevators. Backis admitted she sent customers invoices for animal feed at prices far below what her employer had paid, causing the company millions in losses.

Copyright 2017 The Associated Press.

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.