Midwest City Woman Pleads Guilty to Defrauding Property Management Company

OKLAHOMA CITY – SHERRIE BILLINGS, 53, of Midwest City, has pleaded guilty to wire fraud and making and subscribing a false tax return, announced U.S. Attorney Robert J. Troester.

According to public record, in January 2017, Billings worked as a regional property manager for Manhattan Management Company, LLC (“MMC”), out of New York. MMC owned four apartment complexes in Oklahoma City. Her duties included maintaining daily upkeep, maintenance, and inspections of the properties, and she had access to an MMC bank account and credit card for such maintenance. Court documents allege that from January 2017 through July 2022, Billings defrauded MMC by issuing unauthorized checks from MMC’s bank account and utilizing the company credit card, both for her own personal use. During this time period, Billings issued approximately 385 unauthorized checks, illegally withdrawing approximately $1,660,238.00 from MMC’s account. To conceal her scheme, Billings manufactured fraudulent payment vouchers to legitimate vendors and emailed the fraudulent vouchers to MMC’s bookkeeper to be added to the company ledger. Billings also used the MMC credit card for personal expenses, which defrauded the company out of approximately $49,798.00. Public record further alleges that on April 14, 2022, Billings filled out a federal income tax return form on which she reported income that was substantially lower than the actual income she received as a result of the criminal behavior described above. 

On April 2, 2025, Billings was charged by Information with wire fraud and making and subscribing a false tax return. On May 2, 2025, Billings pleaded guilty to the two-count Information, and admitted she knowingly devised a scheme to defraud MMC, and that she knowingly filed a federal income tax return form on which she reported an income amount she knew was substantially lower than what she received for the year. 

At sentencing, Billings faces up to 20 years in federal prison for the wire fraud charge and up to three years in prison for the tax charge, as well as a fine of up to $250,000 per count. 

This case is the result of an investigation by the IRS Criminal Investigation. Assistant U.S. Attorney Charles Brown is prosecuting the case. 

Reference is made to public filings for additional information.