Longtime Oregon Bookkeeper Accused of Quietly Taking More Than a Quarter Million Dollars From Employer
A 59-year-old Albany woman is facing nine charges of aggravated theft for embezzling more than a quarter of a million dollars from her Linn County employer.
Jodi Faye Kenagy had been working as a bookkeeper for Michael Dean McHenry, the owner of Safe-Lock Self Storage, McHenry Remodeling, and Emroe Properties, for more than a decade.
At her appearance in the Linn County Circuit Court on Monday, Kenagy was charged with nine counts of first-degree aggravated theft between September 2021 and August 2025.
Tidings Context
In Oregon, first-degree aggravated theft usually involves stealing large sums of money or abusing a position of trust, such as a bookkeeper or manager quietly diverting funds over time.
Kenagy is on conditional release until her court hearing on January 12, 2026. Until then, she is not allowed to make contact with McHenry, or work or volunteer in a fiduciary capacity.
Tidings Insight
A fiduciary capacity means handling someone else’s money or assets. Courts often bar defendants in theft or embezzlement cases from any job where they control client or employer funds.
Here is a timeline of the alleged embezzlement case:
Tidings Timeline
- More than 10 years – Kenagy works as bookkeeper for McHenry’s businesses.
- Sep 2021–Aug 2025 – Period when prosecutors say the thefts occurred.
- Late 2025 – Alleged losses exceed a quarter of a million dollars.
- Monday hearing – Kenagy charged with nine counts of first-degree aggravated theft.
- Jan 12 2026 – Next Linn County court date set; defendant remains on conditional release.