Point Pleasant Woman Indicted for Stealing Over $223K

A Monmouth County grand jury has returned an 11-count indictment against a former bookkeeper for The Atlantic Club who stole more than $223,000 from the organization between January 2012 and June 2017, announced Monmouth County Prosecutor Christopher J. Gramiccioni.

According to preliminary reports, the indictment charges Ms. Jennifer Ambrosino, 41, of Point Pleasant, with one count of second degree Theft of Movable Property, one count of second degree Computer Criminal Activity, four counts of third degree Failure to Pay Taxes, four counts of third degree Filing of a Fraudulent Tax Return, and one count of fourth degree Falsifying Records.

Officials say that the charges are a result of a joint investigation by the Monmouth County Prosecutor’s Office, Wall Township Police Department, and the New Jersey Department of Treasury, Office of Criminal Investigation. The investigation determined that Ambrosino embezzled over $223,000 from the health club for her personal use. Ambrosino concealed the theft by altering bank statements, initiating fraudulent wire transfers, and submitting erroneous reconciliation documents.

If convicted of either of the second degree offenses, Ambrosino faces a maximum of 10 years in state prison, reports say. The third degree charges each have a maximum 5-year exposure in state prison. The fourth degree charge has a maximum exposure of 18 months in state prison.

The case is assigned to Monmouth County Assistant Prosecutor Joshua D. Detzky.

Despite these charges, every defendant is presumed innocent, unless and until found guilty beyond a reasonable doubt, following a trial at which the defendant has all of the trial rights guaranteed by the U.S. Constitution and State law.

In November 2012, under the leadership of Prosecutor Gramiccioni, the Monmouth County Prosecutor’s Office launched a Corruption Tip Line designed to solicit the public’s assistance in identifying and targeting corruption, fraud, and misconduct occurring in local governmental agencies. Citizens may report concerns via the following: Monmouth County Prosecutor’s Office Corruption Tip Line — 855-7-UNJUST (855-786-5878); or, Email – corruption@mcponj.org (write “Corruption/Misconduct Tip” in the subject line).