US attorney: Woman admits embezzling over $3.7M from NJ-based company as company's CFO

U.S. Attorney Philip R. Sellinger has announced a woman from Wayne has admitted her role in a scheme to embezzle over $3.7 million from her employer as the company's chief financial officer and director of operations.

News 12 Staff

Sep 7, 2022, 9:57 AM

Updated 836 days ago

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U.S. Attorney Philip R. Sellinger has announced a woman from Wayne has admitted her role in a scheme to embezzle over $3.7 million from her employer as the company's chief financial officer and director of operations.
Officials say Amy Aldi, 50, pleaded guilty to an information charging her with wire fraud.
According to documents filed in the case and statements made in court, Aldi withdrew cash from the company's operating account for her own personal benefit -- 200 withdrawals in total ranging from $5,000 to $25,000. The incidents happened from January 2018 through December 2020.
Authorities say Aldi covered up her scheme by falsifying company financial records.
There is no word on what the company was, just that they're based in New Jersey.
She faces a maximum of 20 years behind bars and will have to pay a fine of $250,000, or twice the gross of her offense -- whichever is more. Sentencing is scheduled for Jan. 10, 2023.