Florida Woman Who Faked Death After Gambling Stolen $4 Million Gets 10 Years

  • Remote worker stole more than $4 million from employer
  • Faked death to evade detection
  • Sentenced to 10 years in federal prison

A Florida woman who embezzled more than $4 million from her employer and then attempted to fake her own death has been sentenced to 10 years in prison for wire fraud and money laundering.

Madelyn Hernandez, Lee County, Wire Fraud, Money Laundering, Faked Death
Madelyn Hernandez submitted fake invoices from bogus supply companies, including a company she controlled, to steal $10 million from her employer. Then she played dead. (Image: Shutterstock)

Madelyn Hernandez, 49, of Lee County, stole $4,199,498.42 from a textile and apparel supply chain company that remains unnamed in court documents.

She worked remotely for the firm for 16 years before she began submitting fraudulent invoices from purported supply companies, directing payments to be sent to her bank accounts.

Faking It

Hernandez was in charge of placing orders with vendors and managing shipping, invoicing, and inventory for the company, which was originally based in New York, before going fully remote in 2019, according to prosecutors.

The fake invoice scheme ran from 2018 to 2024. Bogus suppliers included a shell company named Cape Prints, which Hernandez created in August 2019.

She used the money she stole on “personal expenses and for gambling,” according to the US Attorney’s Office for the Middle District of Florida.

The scheme unraveled in June 2024 when an internal review revealed that several invoices, inventory logs, and proof-of-delivery documents submitted by Hernandez were fraudulent.

Facing investigation, Hernandez sent a message to her employer, posing as a relative, claiming that she had died due to complications from surgery.

Back From the Dead

The company contacted the police, sparking an investigation by the FBI and the Internal Revenue Service’s Criminal Investigation Division. This led to the execution of a search warrant at Hernandez’s residence in October 2024 where she was miraculously found alive and kicking.

During questioning, she admitted to faking her own death and embezzling from her employer. She claimed that she “did not think what she took was as high as $4 million,” according to court documents.

Hernandez pleaded guilty on January 28 this year and has been ordered to forfeit the $4 million as part of her sentence.

Philip Conneller
Philip Conneller Senior Reporter

In Philip Conneller’s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation.

Philip was the original features editor for poker’s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites.

His news stories for Casino.org/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others.

Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John’s piano on two separate occasions on both sides of the Atlantic.

He became a writer because he is a lousy pianist.

Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC.

Contact Philip at philip.conneller@casino.org.

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  • S
    Skip April 27, 2025
    Oh my Madelyn was not Lazarus but a bum! There was no review until 4 million was missing! How much money does the company make… Oh my Madelyn was not Lazarus but a bum! There was no review until 4 million was missing! How much money does the company make that they don’t miss 4 million!
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