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You are here: Home / News / Granite Falls woman embezzles millions from former employer

Granite Falls woman embezzles millions from former employer

April 19, 2016 By Tasha Redel

Fagen

(Granite Falls, MN) —  The former chief financial officer of a Granite Falls company is charged with embezzling millions of dollars from Fagen Inc. Between 2006 and 2015, 38-year-old Kirsten Tjosaas allegedly embezzled 5.7 million dollars, spending it on multiple houses, cars, and RVs. It’s believed she deposited the money into a Granite Falls bank account she opened , under a Nebraska company that she controlled. Tjosaas is currently in the process of liquidating her assets and returning the missing money to Fagen Inc., an industrial contractor known for building ethanol plants all across the country.

 

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