Authorities: Ex-accounting manager stole $2.5M from business

June 27, 2019 GMT

MOORESTOWN, N.J. (AP) — Authorities say the former accounting manager of a New Jersey construction company stole more than $2.5 million from the firm through a scheme he ran for about 14 years.

Charles Esposito is charged with theft by deception, criminal computer activity and misapplication of entrusted property. It wasn’t known Thursday if the 78-year-old Moorestown man has retained an attorney.

The charges stem from a probe that started in April, when someone at the Moorestown firm raised concerns about a hand-written check for $18,500. Authorities say Esposito had signed that check, and another signature on it looked like a forgery.


Authorities say Esposito made 243 fraudulent transactions between 2005 and April 2019 and made $2,537,655 from the scheme.