United States Attorney's Office District of Connecticut
Press Release

Connecticut Financial Crimes Task Force: OAKVILLE WOMAN ADMITS ROLE IN $2.5 MILLION EMBEZZLEMENT SCHEME

Nora R. Dannehy, United States Attorney for the District of Connecticut, announced that JAIME HOFF, 29, of the Oakville section of Watertown, waived her right to indictment and pleaded guilty today before United States District Judge Janet C. Hall in Bridgeport to one count of wire fraud stemming from her role in an embezzlement scheme that defrauded her former employer of approximately $2.5 million.

According to court documents and statements made in court, between November 2006 and September 2008, HOFF and another individual embezzled more than $2 million from their former employer, a company located in Stratford.  HOFF’s responsibilities at the company included performing accounts payable functions and bank reconciliations, and the other individual, to whom HOFF reported, was the corporate controller in charge of all the company’s accounting functions.  In pleading guilty, HOFF admitted that she and her co-worker directed hundreds of unauthorized wire transfers from their employer’s bank accounts to their own accounts and to third parties for their benefit.

Through this scheme, HOFF personally received more than $390,000 before her employment was terminated in September 2008.

Judge Hall has scheduled sentencing for December 28, 2009, at which time HOFF faces a maximum term of imprisonment of 20 years and a fine of up to approximately $5 million.

This matter is being investigated by the Connecticut Financial Crimes Task Force, notably the United States Secret Service, with the assistance of the Stratford Police Department.  The Task Force also includes members from the United States Postal Inspection Service; the United States Department of State, Diplomatic Security Service; the Connecticut State Police; and the Greenwich, Manchester and New Haven Police Departments.  The case is being prosecuted by Assistant U.S. Attorney Paul Murphy.

CONTACT:

U.S. ATTORNEY'S OFFICE
Tom Carson
(203) 821-3722
thomas.carson@usdoj.gov