FORMER CHIEF FINANCIAL OFFICER SENTENCED TO 36 MONTHS IN PRISON FOR EMBEZZLING OVER $615,000 FROM HER EMPLOYER
BOSTON, Mass. - A Salisbury woman was sentenced today in federal court for
embezzling more than $615,000 from her employer.
United States Attorney Carmen M. Ortiz and Steven Ricciardi, Special Agent in Charge
of the United States Secret Service, announced today that VICTORIA A. JORDAN, 33, of Salisbury, was sentenced by U.S. District Judge George A. O’Toole, Jr. to 36 months imprisonment, to be followed by 3 years of supervised release. JORDAN was also ordered to pay over $615,000 in restitution to the victims. JORDAN pled guilty to fifteen counts of wire fraud on December 3, 2009.
At the earlier plea hearing, the prosecutor told the Court that had the case proceeded to
trial the Government’s evidence would have proven 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. In addition, the prosecutor told the Court that the evidence would
have shown 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.
The case was investigated by the United States Secret Service with assistance from the
Massachusetts State Police and the Salisbury Police Department. It was prosecuted by Assistant
U.S. Attorney Ryan M. DiSantis of Ortiz’s Economic Crimes Unit.