The local bookkeeper accused of embezzling money from a longtime Lodi business may have stolen more than $400,000, according to statements made in court Thursday.
Cheryl Jacobson, 53, was arrested Jan. 26 for allegedly embezzling money from Tokay Glass since 2005. She appeared in court Thursday for arraignment, where Deputy District Attorney Stephen Taylor said she may have taken more than $300,000 in cash alone.
Superior Court Judge Lauren Thomasson denied the defense’s request to release Jacobson on her own recognizance Thursday, and she remains in custody. Her bail is $250,000.