Crime · El Dorado Hills, CA
El Dorado Hills Woman Pleads Guilty to $18M Wire Fraud
Lizbeth Guadalupe Sherman, 47, of El Dorado Hills pleaded guilty Monday to one count of wire fraud for stealing nearly $18 million from her Bay Area employer, a retired venture capitalist. From September 2015 to May 2025, she abused her access as executive assistant to fund luxury spending including designer goods, private jet travel, and home improvements. A December 2025 search of her residence recovered more than 1,500 luxury items. Under the plea agreement, Sherman faces forfeiture and restitution totaling nearly $18 million, with sentencing set for March 22, 2027.