FOR IMMEDIATE RELEASE
OCTOBER 8, 2009
WWW.USDOJ.GOV/USAO/MA
CONTACT: CHRISTINA DiIORIO-STERLING
PHONE: (617)748-3356
E-MAIL: USAMA.MEDIA@USDOJ.GOV
FORMER CHIEF FINANCIAL OFFICER CHARGED WITH EMBEZZLING OVER $450,000 FROM HER EMPLOYER
BOSTON, MA - A Salisbury woman was charged in federal court with wire fraud for embezzling more than $450,000 from her employer.
Acting United States Attorney Michael K. Loucks and Steven D. Ricciardi, Special Agent in Charge of the U.S. Secret Service, announced today that VICTORIA A. JORDAN, age 32, of Salisbury, was charged in an Information with fifteen counts of wire fraud.
The Information alleges that from January 2004, to November 2008, JORDAN – who handled the payroll and finances for a small Massachusetts company as its Chief Financial Officer – defrauded her employer out of at least $450,000 by fraudulently inflating her annual salary and other payroll compensation, and fraudulently placing her husband on the company's payroll so that he received salary payments even though he was not employed by the company at the time. The Information also alleges that, as part of her scheme, JORDAN cashed checks drawn on company accounts, made unauthorized purchases of personal items with company credit cards, and used company funds without permission to pay for a life insurance policy, personal cell phones, individual retirement account deposits and fraudulent mileage reimbursements.
If convicted on these charges, JORDAN faces up to 20 years imprisonment on each count, to be followed by 3 years of supervised release per count and a $ 250,000 fine on each count.
The case was investigated by the United States Secret Service. It is being prosecuted by Assistant U.S. Attorney Ryan M. DiSantis of Loucks’ Economic Crimes Unit.
The details contained in the Information are allegations. The defendant is presumed to be innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
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