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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.
