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A Cape Cod woman pleaded guilty to embezzling more than $1.3 million from two employers, including a Cape Cod construction company.
Jessica L. Greenan, 42, of Centerville, pleaded guilty Thursday in Boston federal court to charges in two separate criminal cases. Greenan pleaded guilty to a September 2019 indictment charging five counts of wire fraud and five counts of filing false federal tax returns for embezzling $1.1 million from a previous employer.
She also pleaded guilty to a December 2019 indictment charging seven counts of wire fraud, two counts of bank fraud and two counts of aggravated identity theft for embezzling more than $390,000 from a different employer. According to a statement from the U.S. attorney’s office, several of the charges in the December indictment occurred after Greenan had been released on conditions in the earlier prosecution.
According to the U.S. attorney’s statement, Greenan acknowledged embezzling company funds from a Hyannis company where she handled bookkeeping and payroll services. From October 2014 until she was terminated in March 2018, Greenan embezzled $1,135,460, including 536 occasions when she wired funds from the store’s operating bank account to pay her credit card bills.
Greenan allegedly doctored the company’s bank statements and internal records to make the payments to her credit cards appear to be legitimate expenses. She also did not report this income to the IRS during the embezzlement scheme, which would have generated more than $325,000 in federal taxes, according to the statement.
After Greenan was fired by the first employer, the statement said, she began working as the bookkeeper for a Cape Cod construction company in August 2018 and immediately began stealing company funds.
At this company, Greenan allegedly embezzled more than $287,000 by wiring payments from a company bank account to pay her credit cards. She also made more than $5,300 in unauthorized charges to a company credit card and used more than $11,000 of company funds to pay auto loans, according to the statement.
After her employment had been terminated, Greenan allegedly forged the company owner’s signature to transfer company funds and obtained more than $6,300 in unauthorized payroll.
Sentencing was scheduled for Feb. 25. Each charge of wire fraud provides for a sentence of up to 20 years in prison, three years of supervised release, a fine of $250,000 or twice the gross gain or loss, whichever is greater, forfeiture and restitution to the victim. Each charge of bank fraud provides for a sentence of up to 30 years in prison, five years of supervised release, a fine of $1 million, forfeiture and restitution. The charges of false tax returns carry a sentence up to three years in prison, one year of supervised release, a fine of $250,000 and restitution to the IRS. The charge of aggravated identity theft carries a mandatory two-year prison sentence served consecutive to any other sentence imposed.
