Former Executive Director of the Crestview Chamber of Commerce sentenced to three years for organized fraud

The former Executive Director of the Crestview Chamber of Commerce, Valarie Lott, was sentenced to three years in state prison for organized fraud on Tuesday. (MGN)

CRESTVIEW, Fla. (WJHG/WECP) - The former Executive Director of the Crestview Chamber of Commerce, Valarie Lott, was sentenced to three years in state prison for organized fraud on Tuesday.

She was also sentenced to 10 years of probation following time served.

Lott was fired in August , 2017 after financial irregularities were found.

An investigation by the Okaloosa County Sheriff's Office and the Office of the State Attorney uncovered a five year embezzlement scheme where over $70,000 was taken.

Lott falsified transactions and forged signatures to steal the money.

She used the money to buy gifts for herself and others including electronics, clothing, and a trip to Disney World.

Lott paid $25,000 in restitution to the Chamber during the sentencing hearing.

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