The former comptroller of a manufacturing company in St. George is accused of embezzling nearly $1 million, according to federal court filings.

Cynthia Soard, 52, who had worked at USCOA, a doormat manufacturer, was charged with five counts of wire fraud under an information.

An information in federal court is similar to an indictment, in that it lays out the facts and elements of the criminal offense.

It is often used in cases where a defendant waives indictment by a grand jury and agrees to plead to the charges against him or her.

"She has agreed to waive indictment and we anticipate a guilty plea occurring in the near future," said Rhett DeHart, the Assistant U.S. Attorney prosecuting the case.

A representative with USCOA declined to comment Tuesday. Soard is no longer employed at the company, according to Soard's attorney David Aylor.

"My client has cooperated with authorities from the onset of this investigation and looks forward to resolving the case as a whole in the near future," Aylor said.

Between 2003 and 2013, Soard transferred money from USCOA to Interaco, a related company of USCOA, according to the information filed against her.

To hide the funds she transferred, Soard would increase the account receivables of USCOA's large customers, according to prosecutors.

Soard would forge checks from Interaco and make the checks payable to herself or to a business that was owned by her and her husband, prosecutors stated in federal documents.

In order to disguise the embezzlement, once the checks were cashed and returned to Interaco, Soard would change the name on the payee line from her husband's business to a company that transported goods for USCOA, according to prosecutors.

Soard fraudulently obtained more than $850,000 from USCOA.

Reach Natalie Caula Hauff at 937-5594 or