New Hampshire Woman Charged with Stealing More Than $57,000 From Her Former Employer
"We allege that Ms. Hogan took advantage of her position of trust with her employer for her own personal gain," said Attorney General Coakley. "Such instances of embezzlement not only hurt businesses financially but can also damage their reputation in the community. Working relationships are based on employee trust and our office is committed to ensuring that individuals who violate that trust and break the law are held accountable."
According to authorities, while employed as an accounts payable clerk at a biopharmaceutical services company based in Waltham, MA, Hogan allegedly created false entries in the company's accounts payable system in a scheme to steal funds. From November 2002 through November 2005, Hogan allegedly entered her mother's name into the company's accounts payable system as a fraudulent vendor. According to authorities, on separate occasions from November 2002 through November 2005, Hogan created false invoice entries which resulted in checks being made payable to her mother.
As a result of this scheme, a total of nine checks totaling $57,399.63 were deposited in the bank account held jointly by Hogan and her mother. Investigators from the Attorney General's Office found that the checks issued to Hogan's mother were deposited within days of being issued and that these funds were allegedly used by Hogan for bill payments and other personal use.
Hogan's former employer initially detected the alleged fraud and referred the matter to the Attorney General's Office in November 2009.
A Middlesex Grand Jury returned indictments against Hogan late yesterday. An arraignment date has not yet been scheduled.
This case is being prosecuted by Assistant Attorney General Michael H. Pine of Attorney General Coakley's Corruption and Fraud Division with assistance from Financial Investigators Mark Pulli and Jessie Dean of the Attorney General's Corruption and Fraud Division.