PHILADELPHIA (KYW Newsradio) — Federal officials have charged a former Delaware River Waterfront Corporation accountant with stealing millions of dollars from the nonprofit.
Authorities say former accounting administrator Angela DiPietro-Sabatine created false expense items for legitimate DRWC vendors and “manipulated the computerized accounting software” to then pay herself. She also forged signatures on the checks, according to the indictment.
Officials say DiPietro-Sabatine used the cash for extravagant vacations and gambling.
Over the course of seven years, they say she stole more than $2.6 million from DRWC. The nonprofit manages and develops public amenities along the waterfront area.
The 57-year-old, of Pennsauken, New Jersey, faces 10 counts of wire fraud and three counts of aggravated identity theft.
If convicted of all charges, DiPietro-Sabatine could spend the rest of her life in prison, and she would have to pay back more than $6 million.