# El Dorado Hills woman pleads guilty to $18M theft

> Lizbeth Guadalupe Sherman admitted stealing $18 million from her Bay Area boss over a decade.
- Title: El Dorado Hills woman pleads guilty to $18M theft · Sfgate
- Summary: Lizbeth Guadalupe Sherman admitted stealing $18 million from her Bay Area boss over a decade.
- Keywords: lizbeth guadalupe sherman, el dorado hills, bay area, venture capitalist, federal prosecutors, theft, rolex watches, luxury handbags, private jets, restitution, Sfgate
- Source: Sfgate — https://sfgate.com/bayarea/article/el-dorado-hills-decade-long-theft-22512750.php
- Read time: 1 min
- Topics: lizbeth guadalupe sherman, el dorado hills, bay area, venture capitalist, federal prosecutors, theft, rolex watches, luxury handbags, private jets, restitution, news, local
## Lizbeth Guadalupe Sherman
A California woman pleaded guilty to stealing $18 million from her Bay Area venture capitalist boss.
## Decade-long theft scheme
Sherman used her access to her boss's credit card and bank account to fund extravagant expenses from 2015 to 2025.
## Sentencing and restitution
Sherman faces up to 20 years in prison and a $250,000 fine, but must pay $18 million in restitution to her former employer.
## Key takeaway

Lizbeth Guadalupe Sherman, 47, pleaded guilty to stealing $18 million from her Bay Area venture capitalist boss over a decade.