NAUGATUCK, Conn. (1010 WINS) — A 45-year-old Connecticut woman pleaded guilty on Tuesday to a fraud offense stemming from an embezzlement scheme of over $850,000, prosecutors said.
According to court documents, Jennifer Cormier was employed at a family-owned business, identified in court documents in "Company A," in Naugatuck, where she performed bookkeeping and other office-related tasks.
Between 2017 to July 2023, Cormier stole from her employer by fraudulently creating about 1,000 checks made payable to her and to "cash," forged the signature of Company A’s owner or used the owner’s signature stamp on the checks, and then cashed them or deposited them into her personal bank account, authorities said.
After the checks were issued, she deleted the transaction in Company A’s accounting system.
Through this scheme, Cormier embezzled $865,106.17, officials said.
Cormier pleaded guilty to bank fraud, which carries a maximum term of imprisonment of 30 years. She was released on a $50,000 bond pending sentencing, scheduled for Dec. 18.