Carefree woman in fraud case not wearing monitor, can't be found - East Valley Tribune: Phoenix & The Valley Of The Sun

Carefree woman in fraud case not wearing monitor, can't be found

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Posted: Friday, March 28, 2008 10:08 am | Updated: 9:10 pm, Fri Oct 7, 2011.

COLUMBUS - A federal prosecutor says authorities can't find an Arizona woman convicted of securities fraud in a case likened to the Enron and WorldCom scandals.

Rebecca Parrett, a former vice chairwoman of National Century Financial Enterprises in Columbus, Ohio, was supposed to be confined to her home in Carefree until sentencing.

Assistant U.S. Attorney Douglas Squires said Friday that Parrett is not wearing an electronic monitoring device required by the court. She has failed to report to authorities, and a warrant has been issued for her arrest.

Her attorney, Greg Peterson, declined to comment except to say he was concerned about Parrett's well-being.

She was convicted earlier this month on 10 counts including conspiracy, securities fraud, wire fraud and money laundering conspiracy. She faces up to 20 years in prison.

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