By Sharon Aron Baron
Coral Springs woman has been sentenced to 51 months in prison after being found guilty of embezzling $94,500 from her former employer, a Fort Lauderdale-based trucking maintenance company.
Jennifer Pamela Izzo, 35, also attempted to fraudulently divert government funds for personal gain through a COVID-19 assistance loan application filed on the company’s behalf. She could have gained up to $150,000 from the unapproved loan.
Hired as a financial bookkeeper by the auto-maintenance company in August 2019, Izzo was given direct access to the company’s vendor accounts and credit cards. Between October 2019 and April 2020, Izzo devised a scheme to defraud her employer by creating fake vendor accounts, which she secretly controlled, and conducting unauthorized transactions with the company’s credit cards. The stolen funds were redirected from the fake vendors to her personal bank account.
During the COVID-19 pandemic, Izzo was asked to file an Economic Injury Disaster Loan (EIDL) on the company’s behalf. However, she listed her own bank account as the intended beneficiary instead of the company’s account.
She pled guilty on December 20, 2022, to two counts of wire fraud and one count of aggravated identity theft. Izzo’s bond was revoked while awaiting sentencing, and she was taken into federal custody after being suspected of stealing money from another recently hired company.
In addition to her prison sentence, Izzo has been ordered to pay restitution of $94,500 to her previous employer.
Send Your News to Coral Springs #1 Award-Winning News Site Here. Don’t miss reading Parkland Talk, Tamarac Talk, Coconut Creek Talk, and Margate Talk.
Author Profile
- Editor of Talk Media and writer for Coral Springs Talk. CST was created in 2012 to provide News, Views, and Entertainment for the residents of Coral Springs and the rest of South Florida.
Related
- EventsApril 19, 2024Register for the Coral Springs Chamber’s 3rd Annual Golf Classic
- EatApril 18, 2024Ella Coffee House Announces Tentative Opening Date in Coral Springs
- EventsApril 17, 2024Deadline Soon for Coral Springs Craft Guild Scholarships
- NewsApril 15, 2024Chabad of Coral Springs Holds Free Food Distribution April 17