TRENTON, N.J. (1010 WINS/WCBS 880) – A New Jersey man was sentenced to prison on Wednesday for embezzling over $2.37 million from his employer, prosecutors said.
Gerard Beauzile, 63, South Plainfield, who pleaded guilty for an indictment charging him with one count of wire fraud was sentenced to 27 months in prison, U.S. Attorney Philip R. Sellinger announced.
According to court documents, Beauzile, from 2014 through December 2020, while he was the controller of a New York-based company issued nearly 140 fake company checks with a total value of $2.37 million to himself and was depositing those checks to his personal bank account.
Beauzile was able to hide the theft by entering false information about the checks into the company's accounting system under several company vendor names as the payees, according to court documents.
He also falsified vendor invoices to match the entries in the accounting system, and accounting system, and company bank statements by removing and altering opening, running, and closing balances, check payment entries, summary check listings, and inter-account transfers.
In addition to the prison term, Beauzile was sentenced to three years of supervised release and ordered restitution of $2.37 million and forfeiture of $2.37 million.
