Fairfield New Jersey police arrested a man who allegedly stole more than $40K from his employer.
Fairfield police started to investigate the suspect after receiving a report of theft from Vel-Mac Foods. According to law enforcement, company employees noticed that a total of $41,000 went missing between December 2014 and April 2015.
The 52-year-old suspect, who resides in North Bergen, is believed to have committed fraud and taken the missing cash.
Fairfield NJ investigators reportedly found evidence showing that the suspect accepted cash from company clients and then secretly kept the money for himself. The suspect was a sales representative for Vel-Mac Foods, so his responsibilities included collecting outstanding accounts receivable from clients.
The Fairfield Police Department issued a statement noting that the suspect surrendered to the lead detective in the investigation. The suspect was later charged with serious theft and fraud offenses.
If the suspect is eventually convicted of theft, he would face severe criminal penalties. As set forth by N.J.S.A. 2C:20-4, anyone who obtains someone else’s property through purposeful deception can be charged with theft by deception. If the value of the stolen property is in excess of $500, the penalties could include a sentence of 3-5 years in New Jersey State Prison.
After being placed under arrest and processed, the suspect was released from police custody on his own recognizance. He will be required to appear in Essex County Superior Court in Newark NJ to address the theft charges.
For further information about this case, go to NJ.com article entitled “North Bergen Man Allegedly Stole $41K from Fairfield Employer.”