Cape Cod Woman Embezzled More Than $ 1.4 Million: US. Attorney

BOSTON — A Cape Cod woman who worked as a bookkeeper for two different local companies faces a lengthy prison sentence after she pleaded guilty to embezzling more than $1.4 million from her former employers to pay her credit card bills and car payments, officials from the U.S. Attorney’s Office announced Thursday.

Jessica Greenan, 42, Centerville, pleaded guilty in two separate cases after being indicted in 2019. The first indictment involved her being charged with multiple counts of wire fraud and filing false tax returns after prosecutors said she embezzled $1.1 million from a previous employer, the U.S. Attorney said in a news release. Greenan also pleaded guilty to a separate indictment from 2019 involving charges of wire fraud, bank fraud and aggravated identity theft in the embezzlement of more than $390,000 from a different employer, authorities said.

In pleading guilty, the U.S. Attorney said Greenan has admitted embezzling funds from a Hyannis company where she worked as a bookkeeper and also handled payroll. Over a five-year period between 2014 and 2018, the U.S. Attorney said Greenan wired money from the company’s bank 536 times to pay her credit card bills totaling $1,135,460. She then doctored the company’s bank statements to make the payments to her credit card bills appear like legitimate expenses and then failed to report the income to the IRS over a five-year period, which involved her evading $325,000 in taxes, the news release said.

After being fired from the Hyannis company, Greenan began work for a Cape Cod construction company in 2018 and immediately began stealing company funds, authorities said. Until her actions were discovered, Greenan transferred more than $287,000 in company funds and used the money to again pay her own credit card bills. She also used money to make $11,000 in car payments. The U.S. Attorney also said Greenan also made more than $5,300 in unauthorized charges to a company credit card and then forged the construction company owner’s signature to obtain more than $6,300 in unauthorized payroll for herself after she was fired.

Each charge of wire fraud carries a prison sentence of up to 20 years, three years of supervised release and a fine of up to $250,000. Each charge of bank fraud involves a prison sentence of up to 30 years, five years of supervised release, and fine of up to $1 million and restitution. Greenan also faces prison time for the charges of aggravated identity theft and the filing of false tax returns.

Greenan is scheduled to be sentenced on by a federal district court judge on Feb. 25, 2021.