South Amboy Woman Charged with $1.7M Check Bank Fraud Scheme
NEWARK, N.J. – A Middlesex County woman today admitted to orchestrating a $1.7 million bank fraud scheme that involved writing fraudulent business checks, U.S. Attorney Craig Carpenito announced.
Official say, Tammy L. Martinez, 46, of South Amboy pleaded guilty before U.S. District Judge Claire C. Cecchi in Newark federal court to an information charging her with one count of bank fraud.
According to documents filed in this case and statements made in court:
From January 2014 through March 2019, Martinez served as an office manager and bookkeeper for a New Jersey-based company. Beginning in January of 2014, Martinez used her position at the company to issue fraudulent checks made payable to Martinez or cash and forged the signature of her manager on fraudulent company checks.
Martinez converted the fraudulent company checks into cash at bank branches in New Jersey, resulting in more than $1.7 million in losses to the company.
The bank fraud count carries a maximum potential penalty of 30 years in prison and a $1 million fine. Sentencing is scheduled for Feb. 11, 2020.
U.S. Attorney Carpenito credited special agents of the U.S. Attorney’s Office, under the direction of Supervisory Special Agent Thomas Mahoney in Newark, and officers of the Newark Police Department, under the direction of Public Safety Director Anthony Ambrose, with the investigation leading to today’s guilty plea.
The government is represented by Assistant U.S. Attorney Jamel Semper of the U.S. Attorney’s Office Economic Crimes Unit