Fairfield NJ police recently arrested a man accused of stealing tens of thousands of dollars from his employer.
Law enforcement began an investigation into the suspect after receiving a report of a massive theft from Vel-Mac Foods. According to authorities, a total of $41,000 went missing between December 2014 and April 2015.
The 52-year-old suspect, who lives in North Bergen NJ, is believed to have committed fraud and stolen the missing cash.
Fairfield investigators said that they uncovered evidence indicating that the suspect accepted cash from clients and then pocketed the money. The suspect was a sales representative for Vel-Mac Foods, which meant that he was in charge of collecting outstanding accounts receivable.
According to a statement issued by the Fairfield Police Department, the suspect eventually surrendered to the lead detective in the investigation. The suspect was then charged with theft and fraud offenses.
If the suspect is ultimately convicted on the theft charges, he would be subject to significant criminal penalties. As set forth by N.J.S.A. 2C:20-4, anyone who obtains the property of another person through purposeful deception can be charged with theft by deception. If the value of the stolen property exceeds $500, the offense can be classified as a third degree felony. A conviction for third degree theft is punishable by 3-5 years in NJ State Prison.
After being arrested and charged, the suspect was released from police custody on his own recognizance. He will have to make a mandatory appearance in Essex County Superior Court at a later date to answer the theft charges against him.
For additional information about this case, access NJ.com article entitled “North Bergen Man Allegedly Stole $41K from Fairfield Employer.”