BOSTON – A Centerville woman was indicted in federal court on five counts of wire fraud and five counts of filing false federal tax returns, stemming from her embezzlement of more than $1 million from a bookkeeping client.
Jessica L. Greenan, 42, of Centerville, formerly an employee of a Cape Cod bookkeeping service, was indicted on wire fraud and false tax return charges related to her embezzlement from a Hyannis client for which she handled bookkeeping and payroll services. It is alleged that beginning in October 2014 and continuing until she was terminated in March 2018, Greenan embezzled $1,135,460. Greenan allegedly wired funds 536 times from the store’s operating bank account to pay her credit cards at Capital One, Citibank, American Express and Bank of America. It is further alleged that Greenan doctored the company bank statements and internal records to make the payments to her credit cards appear as legitimate expenses. Finally, the indictment alleges that Greenan failed to report any of her illegal income to the IRS over the five year duration of the embezzlement scheme, thereby evading payment of more than $ 325,000 in federal taxes.
Each charge of wire fraud carries a maximum 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, restitution and forfeiture. Each charge of filing false tax returns carries a maximum sentence of three years in prison, one year of supervised release and a fine of $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.
U.S. Attorney Andrew E. Lelling and Kristina O’Connell, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigation in Boston made the announcement today. Assistant U.S. Attorney Victor A. Wild of Lelling’s Securities and Financial Frauds Unit prosecuted the case.