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Guess who turns 62 today?

Posted September 1st, 2010 at 5:25 AM by Elite Overlord LeSabre™
Updated October 27th, 2010 at 1:28 PM by Elite Overlord LeSabre™

Hint: I've blogged about her twice before...

Okay, it's her:

Rebecca S. Parrett is wanted by the US Marshals for violating the terms of her release pending sentencing for her conviction in a $3 billion corporate fraud case. She faces 25 years in federal prison upon her capture.

Parrett, along with co-conspirators Donald H. Ayers, now 74, and Lance K. Poulsen, now 67, founded National Century Financial Enterprises in 1991, headquartered in Dublin, Ohio. The company would purchase accounts receivables from healthcare providers for a fraction of their face value. This provided the hospitals with immediate cash flow, while NCFE profited when the accounts receivables were paid to the company. To fund these purchases, the company issued asset-backed bonds that were supposedly backed by previously purchased account receivables.

The company soon began to dabble in illegal business practices. Many of NCFE's principals held partial ownerships in various healthcare firms, and would give these firms cash advances without the receivables to back them up. To fund these advances as well as their lavish lifestyles, the firm's practices transformed into what was essentially a massive Ponzi scheme, with financial records falsified to cover up the fraud. But like all Ponzi schemes, it was due to collapse. For NCFE, this happened in 2002, after their bonds' ratings were downgraded. The company declared bankruptcy soon after.

350 employees and 275 healthcare companies were among the victims of the collapse. The case didn't go to trial until 2008. In March of that year, Parrett, along with Ayers, Roger S. Faulkenberry, 49, Randolph H. Speer, 60, and James E. Dierker, 42, were convicted. Lance K. Poulsen, who had already been convicted of witness tampering (along with friend Karl A. Demmler, 58), was found guilty at a later trial. Parrett was sentenced in absentia to 25 years in prison.

Parrett and her cohorts were allowed to go free pending sentencing, but were required to be fitted with an electronic monitoring device. She failed to report. She returned to her home in Carefree, Arizona, packed up, and vanished. Nobody had heard from her since.

Nobody, that is, except Linda L. Case. Case, 66, is Parrett's sister, and maintained regular, covert e-mail communication with her fugitive sibling, despite denying knowledge of her sister's whereabouts to authorities. Case had been taking care of Parrett's pets since her flight, and schemed to move herself, their mother, and Parrett's pets to Mexico to rendezvous with her. But authorities arrested Case before she left, in February 2010. Case pled guilty to making false statements. She was sentenced to six months in prison, eight months home confinement, and three years probation.

The investigation of Case revealed that Parrett was in the area of Guadalajara, Mexico, and that she has had no contact with her son Robert (who is cooperating with authorities) or her current husband Gary Green.

Rebecca S. Parrett is now 62 years old. She is 5 feet tall and weighs 120 pounds. She has blue eyes and blond hair, but has been known to dye it. She may also have undergone plastic surgery to further hide her identity. Parrett is a known animal lover and may be taking in strays. She had been in the Guadalajara area of Mexico as recently as February 2010. It is believed that Parrett still has access to significant financial resources. She may be using the last names Kunzi, Green, House, Robinson, Ayers, or Mayes.

If you have seen Rebecca Parrett, please contact law enforcement, the US Marshals, INTERPOL, or America's Most Wanted.

Sources: America's Most Wanted, US Marshals web site, and National Century coverage from Columbus (OH) Dispatch.

EDIT: Rebecca Parrett was CAPTURED on October 26, 2010.
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Total Comments 6


  1. Old Comment
    Pave Low's Avatar
    tl;dr ...
    Posted September 1st, 2010 at 6:03 AM by Pave Low Pave Low is offline
  2. Old Comment
    Elite Overlord LeSabre™'s Avatar
    Yeah, I was thinking of submitting this as a one-shot fan-fiction except that it's, well... not fiction :X
    Posted September 1st, 2010 at 12:26 PM by Elite Overlord LeSabre™ Elite Overlord LeSabre™ is offline
  3. Old Comment
    Luck's Avatar
    For a second there I thought you were talking about yourself. D:
    Posted September 1st, 2010 at 12:37 PM by Luck Luck is offline
  4. Old Comment
    Pave Low's Avatar
    I thought you were talking about Buick at first...
    Posted September 1st, 2010 at 12:51 PM by Pave Low Pave Low is offline
  5. Old Comment
    Kura's Avatar
    .. Why do you concern yourself with this again?
    Posted September 1st, 2010 at 4:02 PM by Kura Kura is offline
  6. Old Comment
    Sydian's Avatar
    I thought it was a Buick too.
    Posted September 1st, 2010 at 5:35 PM by Sydian Sydian is offline