Ex-CFO From Wayne Admits To Embezzling $3.7M From Company

WAYNE, NJ — A Wayne woman admitted in federal court to her role in a scheme to embezzle more than $3.7 million from her employer while serving as chief financial officer and director of operations. Amy Aldi pleaded guilty Tuesday to wire fraud.

The wire fraud charge carries up to 20 years in prison and a fine of $250,000 or twice the gross gain or loss from the offense. Aldi's sentencing is scheduled for Jan. 10.

Court documents don't publicly identify the company for which Aldi worked, but they state the company was located in Wyckoff and "involved in the global wholesale distribution of business imaging products, such as copying machines." Aldi's LinkedIn profile lists her as an employee of Tech Trading as far back as 2005. Tech Trading has an office in Wyckoff and distributes products for printing and making copies.

From January 2018 through December 2020, Aldi used her executive positions to withdraw cash from the company's operating account for her personal benefit, according to federal authorities. The 50-year-old made more than 200 withdrawals, with amounts ranging from $5,000 to $25,000 each time, according to U.S. Attorney Philip R. Sellinger.

Aldi concealed the thefts by falsifying company accounting and financial records, officials said. Her actions included making false journal entries and altering bank statements issued to the company for its operating account, Sellinger said.