A woman who worked for a Boise pension services company has pleaded guilty to federal charges of wire fraud for embezzling $852,041 from St. Luke’s Health System, while administering its employee flexible spending accounts. Sara Curnow, 45, who served as FSA administrator at Pinnacle Pension Services in Boise from 2009 to 2015, redirected unspent employee funds from the accounts, which were supposed to be forfeited back to St. Luke’s at the end of each year, to her own accounts instead. She admitted making 294 separate transfers ranging from $600 to $9,100.
Curnow will be sentenced Aug. 30; federal wire fraud charges are punishable by up to 20 years in prison and fines of up to $250,000. The prosecution is part of the efforts of the Obama Administration’s Financial Fraud Enforcement Task Force, a broad coalition of federal agencies, prosecutors and state and local agencies. The case was investigated by the U.S. Department of Labor, Employee Benefits Security Administration and the Boise Police.