A woman whose victims say stole more than $1 million from their business over nearly a decade was sentenced to 15 years in prison Friday, State Attorney Larry Basford announced.
Pamela Lynn Wilson, 66, of Panama City, previously entered an “open plea” of No Contest to Grand Theft over $100,000 and Organized Scheme to Defraud (more than $50,000). An “open plea” means Circuit Court Judge Shonna Young Gay would decide the sentence.
Prosecutor Peter Overstreet was prepared to present witnesses and evidence proving the defendant, over a period of years, orchestrated false payouts that the victims believed totaled between $800,000 and $1.2 million.
An audit conducted after $22,000 went missing in 2022 showed a total of 485 fraudulent checks totaling $1.22 million were written during that time, an employee said at Friday’s sentencing.
“When someone steals this type of money, it’s not like stealing a TV from Wal-Mart, this is different,” said Overstreet, who noted the defendant interacted daily with the victims while knowing she was financially damaging their lives and business. “That’s a very cold thing to do to a whole bunch of other people who trusted you.”
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The defendant apologized to the family before her attorney asked for a 34.5-month sentence.
“They did not deserve what I did to them,” she said to Judge Gay. “I want them to know truthfully how sorry I am. I fell into a hole of gambling addiction.”
Overstreet asked for a 20-year sentence, pointing to the victim’s testimony that the financial loss damaged their business, paychecks, retirements, and income.
“Addiction is a horrible thing,” he said. “But she was treating (the victim’s business) like an ATM machine. She went back to get more over and over and over … and because everyone trusted her, she continued to siphon money away from this business.”
Basford thanked Panama City police for their work on the case, and the victims who provided valuable information to the investigation.
For more information, contact Mike Cazalas at mike.cazalas@sa14.fl.gov, or call 850-381-7454.