'Cashed In On Deception:' Jericho Man Pleads Guilty After Embezzling Nearly $1 Million, NCDA Says

JERICHO, NY — A Jericho man pleaded guilty after embezzling nearly $1 million, the Nassau County District Attorney Anne Donnelly announced on Friday.

According to the DA's office, Gregory Morgan, 54, embezzled the funds from the company he worked for and used them for personal purchases, including a Cigarette boat, luxury items, and home improvements.

Morgan pleaded guilty before Judge Caryn Fink to second-degree grand larceny (a C felony); third-degree grand larceny, (a D felony); 39 counts of first-degree falsifying business records (an E felony); first-degree fffering a false instrument for filing (an E felony); second-degree criminal tax fraud (a C felony); and third-degree criminal tax fraud (a D felony), the DA's office said.

The NCDA said Morgan is expected to receive one to three years in prison upon sentencing.

According to the charges, DA Donnelly said Morgan began working as a sales representative for a full-service digital printing company in 2015, and he was in charge of contacting new and existing clients to make sales. In 2023, the company found out that Morgan used the company's credit card to make unauthorized personal purchases, and they terminated Morgan, the DA's office said. Upon his termination, they conducted an internal review and audit of his sales, the DA's office said.

Upon an NCDA investigation, the DA's office said it was determined that between 2022 and 2023, Morgan used the two companies he solely owned, GM Concepts, Inc. and Morgan Concepts, Inc. to embezzle more than $914,000 from his employer through a "fraudulent invoicing scheme."

How he did this was by changing his employer's job orders and diverting payments from that company to the two he controlled, the DA's office said.

"After the jobs were already completed and delivered by his employer, Morgan deleted line items from the company’s records to make the jobs appear smaller in the company’s system, causing the final generated invoice to be significantly reduced," the DA's office said.

Then, Morgan faked his invoices by using the names of his companies for the difference of the work that was originally requested by the client and produced by his employer, the DA's office said. Although his company didn't produce any of the actual billable work, he still diverted those funds to his companies' accounts, the DA's office said.

"As a result, the defendant stole $914,432," the DA's office said. "Morgan used the embezzled funds for personal use, including to purchase a 36-foot Cigarette Gladiator boat, to pay for at least $170,000 worth of home renovations, and to fund a brokerage account. Separately, Morgan used the company’s credit card to make dozens of unauthorized personal purchases on Amazon."

Morgan was accused of modifying Amazon invoices so they seemed as though his personal purchases were "purported business-related expenses for his employer," and then submitted them to the company, the DA's office said.

The DA's office said he was accused of spending $36,116 on Amazon for personal purchases, which included "gift cards, an electric scooter, Apple watches, a nearly $2,000 Miele coffee maker, home improvement items, and other household items."

DA Donnelly said Morgan went on a "36,000 Amazon shopping spree," and picked up Apple watches, an electric scooter, and a $2,000 German coffee machine "on the company's dime."

"For two years this defendant cashed in on deception to the tune of nearly $1 million, concocting fake invoices to steer company funds to his own businesses and spending the ill-gotten gains on a luxury lifestyle, including a 36-foot Cigarette Gladiator boat and more than $100,000 in home improvements," DA Donnelly said. "Morgan wanted someone else to foot the bill for his luxurious lifestyle."

Morgan was also accused of not claiming the additional income in 2022 and 2023 tax years that he gained from the scheme and so he underpaid his income taxes by $95,003, according to the DA's office based on an investigation and records from the New York State Department of Taxation and Finance.

Morgan surrendered to NCDA Detective Investigators on June 25, 2025, the DA's office said.

The DA's office said the case is being prosecuted by Senior Investigative Counsel Sara Schwartz of the Major Financial Frauds Bureau under the supervision of Bureau Chief Maureen McCormack and under the overall supervision of Executive Assistant District Attorney for the Investigations Division Rick Whelan, and Morgan is represented by Matin Emouna, Esq.