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Teaneck Woman Accused of Stealing Over $160K from Former Employer

By kcora on

Authorities today announced the arrest of Jennifer A. Smith, 32, of Teaneck, on computer related theft and theft by deception charges.

According to authorities, on Feb. 8th, the Harrington Park Police Department received a complaint of embezzlement from representatives of a Harrington Park based company. It had been determined that a recently terminated accountant and controller, Jennifer A. SMITH, had diverted and stolen funds in excess of $160,000.

A cooperative investigation conducted revealed that between September 1, 2016 and January 31, 2017, Smith, in her role as controller, had accessed the company’s computerized payroll system and had disbursed unauthorized payments to herself in excess of $40,000.

Further investigation revealed, that in January of 2017, Smith utilized her access to the company’s computerized accounts payable (banking) system to divert payments, approximately $120,000, to her own personal banking account.

As a result of the investigation, she was arrested Tuesday in Paramus, and charged with one count of Computer Related Theft, in violation of N.J.S.A. 2C:20-25c, a 2nd degree crime; and one count of Theft by Deception, in violation of N.J.S.A. 2C:20-4, a 2nd degree crime.

She is scheduled to appear in Bergen County Central Judicial Processing Court for a first appearance on March 1st.