Quincy Woman Stole Nearly $600K From Employer, Authorities Say

QUINCY, MA — An accountant/bookkeeper from Quincy faces charges for allegedly stealing $588,000 from her employer.

Thanh Tam Thao Huynh, who also goes by Tiffany Huynh, 30, a Canadian national residing in Quincy, was arrested Thursday in U.S. District Court in Boston and charged with three counts of wire fraud. Huynh is scheduled to appear in court Friday for a detention and probable cause hearing.

From March 2016 to December 2017, Huynh was employed by a Boston-based company as an accountant/bookkeeper. Between February and October 2017, Huynh caused at least 30 unauthorized wire transfers, totaling at least $400,000, from the company’s account at Royal Bank of Canada (RBC) to unknown accounts, according to the U.S. Attorney's office/ Huynh allegedly provided her supervisor with false information concerning the RBC’s account balance and gave him an incorrect password so that he could not check the balance himself.

The complaint also alleges that from September 2016 to November 2017, Huynh caused dozens of unauthorized charges, totaling more than $160,000, to be made on the company’s business credit card for her own expenses, including her rent, car payments, and to purchase thousands of dollars’ worth of gift cards. Huynh, who was responsible for managing the company’s credit card statements, concealed her actions by deleting the details of her personal charges before providing the statements to her supervisor for review. When Huynh’s company discovered Huynh’s theft and unauthorized use of the credit card, they confronted her and Huynh admitted to both.

Huyun faces up to 20 years of prison, three years of supervised release, a a fine of $250,000, or twice to gross gain or loss, whichever is greater, and restitution.

Information in this article was provided by the U.S. Attorney's office. Arrests and charges mentioned don't imply conviction.

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