Angela M. Hoover sentenced to prison in Benton wire fraud case
Angela M. Hoover received a two-year federal prison sentence in Benton for a wire fraud conviction. She must also pay more than $540,000 in restitution for stealing from a clinic. United States Attorney for the Eastern District of Arkansas Jonathan D. Ross announced the sentence on Thursday.
Hoover, 46, pleaded guilty on May 13 to one count of wire fraud. She worked as a certified public accountant. She served as the chief financial officer for a medical clinic.
Officials said Hoover made approximately 302 unauthorized wire transfers from the clinic bank account. She used the stolen funds for personal expenses.
Hoover made about 136 wire transfers between November 2020 and April 2024 to pay personal credit card bills. Those transfers totaled $271,041.42, officials said.
Prosecutors said she made about 166 transfers to her personal account between June 2021 and June 2024. Those deposits totaled approximately $372,329.
Hoover also gave herself an unauthorized $5,000 bonus, according to prosecutors. The clinic suffered a total financial loss of $540,599.01.
The judge ordered one year of supervised release following the Benton defendant’s prison term. Federal inmates do not have access to parole.
Federal wire fraud involves using electronic communications to carry out a scheme to steal money. Supervised release requires defendants to follow court rules after leaving prison.
Hoover must complete her required prison time before her supervision begins in Little Rock.
