Police: Thousands Stolen To Buy Lingerie, Limos
Westborough Woman Allegedly Stole More Than $750,000
POSTED: 1:00 pm EDT July 9,
2009
UPDATED: 6:44 am EDT July 10,
2009
Email
Print
Comments
BOSTON -- A Westborough woman is accused of stealing thousands of dollars from her employer and using the money on shopping sprees at PETCO and Victoria's Secret. 
Cynthia Goldberg, 46, allegedly misused company credit cards, cashed company checks she'd written to herself and obtained her own line of credit using information from her employer at FSL Associates, according to Suffolk County District Attorney Daniel F. Conley said today."As galling as the theft itself is the nature of what she purchased," Conley said. "This was not someone of modest means who stole to make rent. This was someone who fraudulently billed extravagant expenses to a local business."Goldberg was charged Wednesday in a 20-count indictment alleging 10 counts of larceny over $250, five counts of making false entries in corporate books and five counts of misusing a credit card for more than $250.Conley said Goldberg worked as a bookkeeper for an environmental engineering company in Brighton. During a five-year period ending with her termination in 2007, prosecutors allege, Goldberg embezzled a total of $752,245.64 from the company. Investigator said that they believe Goldberg’s total take was even higher, but were unable to charge additional offenses because the six-year statute of limitations had expired.Among documents recovered in the course of the grand jury investigation were receipts from PETCO, Victoria’s Secret, Banana Republic, Wolfer’s Lighting, the Ritz Carleton hotel and area tanning salons. Receipts also show charges to limousine companies in Medway and out of state, as well as almost $650 in Massachusetts Turnpike Fast Lane violations.Goldberg, who earned about $40 per hour as an accountant for the business, allegedly obtained three credit cards in the name of the business and its chief executive officer, billing her purchases to the company's bank account. Goldberg also allegedly used two legitimate business credit cards for her own unauthorized purchases, again billing her employer's bank account. Investigators said Goldberg also wrote herself checks from her employer’s account and cashed them for her own gain.Goldberg's employer discovered the alleged thefts when some vendors complained of non-payment for services and other financial anomalies came to light.In addition to setting her bail at $25,000, Suffolk Superior Court Clerk Magistrate Gary D. Wilson ordered her to surrender her passport and wear a GPS monitoring bracelet during the pendency of her case.
Cynthia Goldberg, 46, allegedly misused company credit cards, cashed company checks she'd written to herself and obtained her own line of credit using information from her employer at FSL Associates, according to Suffolk County District Attorney Daniel F. Conley said today."As galling as the theft itself is the nature of what she purchased," Conley said. "This was not someone of modest means who stole to make rent. This was someone who fraudulently billed extravagant expenses to a local business."Goldberg was charged Wednesday in a 20-count indictment alleging 10 counts of larceny over $250, five counts of making false entries in corporate books and five counts of misusing a credit card for more than $250.Conley said Goldberg worked as a bookkeeper for an environmental engineering company in Brighton. During a five-year period ending with her termination in 2007, prosecutors allege, Goldberg embezzled a total of $752,245.64 from the company. Investigator said that they believe Goldberg’s total take was even higher, but were unable to charge additional offenses because the six-year statute of limitations had expired.Among documents recovered in the course of the grand jury investigation were receipts from PETCO, Victoria’s Secret, Banana Republic, Wolfer’s Lighting, the Ritz Carleton hotel and area tanning salons. Receipts also show charges to limousine companies in Medway and out of state, as well as almost $650 in Massachusetts Turnpike Fast Lane violations.Goldberg, who earned about $40 per hour as an accountant for the business, allegedly obtained three credit cards in the name of the business and its chief executive officer, billing her purchases to the company's bank account. Goldberg also allegedly used two legitimate business credit cards for her own unauthorized purchases, again billing her employer's bank account. Investigators said Goldberg also wrote herself checks from her employer’s account and cashed them for her own gain.Goldberg's employer discovered the alleged thefts when some vendors complained of non-payment for services and other financial anomalies came to light.In addition to setting her bail at $25,000, Suffolk Superior Court Clerk Magistrate Gary D. Wilson ordered her to surrender her passport and wear a GPS monitoring bracelet during the pendency of her case. Copyright 2010 by TheBostonChannel.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
