Employer

Wayne wife admits stealing $3.7 million from her NJ employer

A Passaic County woman has admitted her role in a scheme to steal more than $3.7 million from a New Jersey company where she worked.

Amy Aldi, 50, of Wayne, pleaded guilty to wire fraud in federal court in Newark on Tuesday, U.S. Attorney Philip R. Sellinger announced.

Federal prosecutors previously said that from 2018 to 2020, Aldi abused his position as chief financial officer and chief operating officer of the company in Wyckoff – making more than 200 unauthorized cash withdrawals.

The unnamed company was involved in the worldwide wholesale distribution of commercial imaging products, such as photocopiers, according to court documents.

Each of the withdrawals was for cash amounts between $5,000 and $25,000 – all used for Aldi’s personal benefit, prosecutors said.

Aldi then altered bank statements in an attempt to cover up the massive theft, according to court documents.

When she is sentenced in January 2023, she faces up to 20 years in prison and a heavy fine.

Erin Vogt is a reporter and anchor for New Jersey 101.5. You can reach her at [email protected]

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