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Former Account Executive from Camden County Charged with Stealing $3 Million from Employer

Camden County

A Camden County woman was charged with embezzling millions of dollars from a New Jersey-based company where she was the senior accountant, accounting manager and senior financial shared services manager, U.S. Attorney Philip R. Sellinger announced today.

According to U.S. Attorney Sellinger, Jennifer Vandever, 49, of Atco, is charged by indictment with wire fraud, unauthorized use of access devices, aggravated identity theft and tax evasion.

According to documents filed in this case and statements made in court:

From 2011 to 2018, Vandever worked as a supervisor in Company 1’s accounting department. Vandever embezzled from Company 1 by charging significant amounts of personal expenses for herself and her family on the company’s corporate credit cards issued in the name of Individual 1 and on a department-issued card. 

Vandever concealed her personal use of the corporate credit cards from Company 1 and directed payment of those personal expenses from corporate funds unbeknownst to her employer. 

The scheme totaled $3 million. For the four years 2015 through 2018, Vandever attempted to evade $514,801 of federal income taxes on $1.49 million of unreported embezzled taxable income.

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