Camden County woman stole $3 million from employer

Camden County authorities say a woman has been charged with embezzling millions of dollars from the company she worked for as a chief accountant.

Atco’s Jennifer Vandever, 49, faces four counts of wire fraud, one count of unauthorized use of access devices, one count of aggravated identity theft and four counts of tax evasion, according to US Attorney Philip Sellinger.

Sellinger’s office says

From 2011 to 2018 Vandever worked as a supervisor in [an unnamed company’s] Accounting. Vandever embezzled from [the company] by charging significant amounts of personal expenses for herself and her family on the Company’s corporate credit cards issued in the name of [an individual] and on a department-issued card. Vandever concealed her private use of the company credit cards [the company] and direct payment of these personal expenses from company funds without the knowledge of their employer.

Lot of money

The program totaled $3 million.

Sellinger says that from 2015 to 2018, Vandever attempted to avoid over $514,000 in federal income taxes on nearly $1.5 million in unreported misappropriated taxable income.

Possible jail time

Each wire fraud case is punishable by up to 20 years in prison and a $250,000 fine. The number of unauthorized use of access devices is punishable by a decade behind bars. The charge of aggravated identity theft carries a sentence of up to two years in prison. The four counts of tax evasion are punishable by five years each.

Vandever appeared before a judge late last week and was released on $100,000 unsecured bail.

The public is reminded that charges are charges and all persons are presumed innocent until proven guilty in court.

LOOK: Here are 25 ways you could start saving money today

From finding discounts to making simple changes to your daily habits, these savings tips can come in handy whether you have a specific savings goal, want to save cash for retirement, or just want to save a few pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

New Jersey residents are moving to these 25 cities

About Cindy Johnson

Check Also

Edwards signs bills protecting medical marijuana patients and hurricane victims

The office of Louisiana Gov. John Bel Edwards announced Tuesday that he has signed 97 …