Business & Tech

Ex-Hotel Worker From Bloomfield Sentenced For Embezzlement Scheme

A Bloomfield resident who formerly worked at a nationwide hotel chain was sentenced to prison this week. Here's why.

BLOOMFIELD, NJ — A Bloomfield resident who formerly worked at a nationwide hotel chain was sentenced to 15 months in prison earlier this week in connection with an embezzlement scheme, federal prosecutors said.

Marco Alvarez, 47, of Bloomfield, pleaded guilty to wire fraud in April 2022, according to the U.S. Attorney’s Office.

Prosecutors previously released the following statement about the case:

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“As senior analyst for strategic sourcing for a national hotel chain, Alvarez was responsible for administering the company’s corporate credit card program. He was authorized to approve applications for credit cards and to access account information for such credit cards. From April 2014 through January 2020, Alvarez embezzled funds from the hotel through the unauthorized use of the hotel’s corporate credit cards to purchase goods and services. Alvarez admitted that he knowingly opened and used corporate credit cards to make $317,582 in unauthorized personal purchases and attempted to conceal them by transferring credits owed to the hotel to these credit cards to offset the unauthorized charges made.”

On Tuesday, Alvarez was sentenced to 15 months in prison, three years of supervised release and ordered to pay restitution of $317,582 for his role in the scheme, prosecutors said.

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