A woman employed by an industrial laser business in Mount Olive New Jersey allegedly stole hundreds of thousands of dollars from the company.
According to Morris County law enforcement, the suspect worked as the bookkeeper for Haas Laser Technologies, an industrial laser company in the Flanders section of Mount Olive, NJ.
On February 4, the owners of the laser company contacted the Mount Olive Police Department and said that the suspect had embezzled funds and deposited company checks into a personal bank account with Capital One bank.
Law enforcement investigated the fraud allegations and spoke with the suspect. Police eventually determined that the suspect may have taken up to $225K from the company.
The 42-year-old suspect, who hails from Saylorsburg, Pennsylvania, was arrested and charged with numerous theft and fraud offenses, including theft of movable property, theft by deception, and forgery.
If the suspect is ultimately convicted on the theft charges, she faces significant penalties. As set forth by N.J.S.A. 2C:20-3, anyone who unlawfully takes $75,000 or more can be charged with a second degree crime. A conviction on second degree theft charges could lead to a sentence of 5-10 years in NJ State Prison.
Moreover, if the suspect is convicted, she could be ordered to pay restitution to the victims for the amount of money that was reportedly stolen.
For additional information about this case, view the NJ.com article, “Woman Embezzled $225K from Industrial Laser Company, Cops Say.”