Laura Riddick pleads guilty to embezzling nearly $1M, claims she has a 'compulsion to hoard money'

Friday, August 24, 2018
WAKE COUNTY, N.C. (WTVD) -- Former Wake County Register of Deeds Laura Riddick pleaded guilty to embezzling nearly $1 million in county funds on Friday morning.
Riddick, who pleaded guilty to 6 counts, was sentenced to a minimum of five years and a maximum of seven years in prison with the option of work release.
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Records show the funds - which total more than $926,600 - were stolen from 2010 to 2016.


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In court, Riddick apologized, saying she planned to serve her sentence "with dignity."



Riddick's attorney said she paid back all of the money and since been diagnosed with a "compulsion to hoard money."



A search warrant application, dated May 3, shows investigators obtained Visa card statements, which showed transactions from 2011, 2012, 2013, 2014, 2015 and 2016 at South Seas Island Resort in Florida.
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