$6 million embezzlement leads to four-year sentence for Newark VP

From Delaware Online, “A Newark woman pleaded guilty to embezzling $6.1 million over a period of five years.

Roberta Czap, 67, made nearly 500 fraudulent transactions while employed at a Newark financial services company officials said. Czap labeled these withdrawals as corporate health insurance deposits or payments to corporate marketers.

Czap, vice president of accounting for the company, converted the electronic transfers to cash using ATM withdrawals or cash advances at casinos, said the state Department of Justice. She also failed to report this income on her tax returns from 2013 to 2015.

Acting U.S. state Attorney David Weiss said Czap’s actions at the cost of others cannot be overlooked; the case should serve as a warning to others contemplating similar crimes. “

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