Crime & Safety

Teaneck Woman Embezzled More Than $160K: Prosecutor

BREAKING: Jennifer Smith, an accountant, allegedly used her company's payroll system to divert the funds into her bank account.

TEANECK, N.J. — A township woman accused of embezzling more than $160,000 from her employer was arrested Tuesday, authorities announced.

Jennifer A. Smith, 32, has been charged with computer related theft and theft by deception, said Bergen County Prosecutor Gurbir S. Grewal.

Smith, a controller and accountant, was charged after Smith's Harrington Park employer contacted the police department there after it determined that Smith had diverted and stolen funds in excess of $160,000, Grewal said.

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Harrington Park police officers and members of the Bergen County Prosecutor's Office Financial Crimes Unit investigated and determined that from Sept. 1, 2016 and Jan. 31, 2017, Smith accessed the company's computer payroll system and distributed more than $40,000 to herself, the prosecutor said.

The investigation further revealed that Smith distributed used the banking system in January to divert about $120,000 in payments to her bank account, Grewal said.

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Smith was arrested Tuesday in Paramus. She is scheduled to appear in Bergen County Central Judicial Processing Court March 1.

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Photo: Jennifer A. Smith, 32 — Bergen County Prosecutor's Office

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