Czap also gambled heavily and cashed out proceeds that were deposited into other accounts.
Czap faces up to 20 years in prison on the wire fraud and money laundering charges, up to 10 years for engaging in a separate money laundering transaction, and up to three years on the tax offenses.
Czap faces an extra mandatory two years term of imprisonment if convicted of the identity theft charge.
The grand jury indictment alleges that between 2011 and 2016,Czap,who was employed in the accounting department of an unidentified financial services company in Newark, directed more than $6.1 million dollars in electronic funds transfers from the company’s operating account to her personal bank accounts.
Using the personal identification information of another employee, Czap created false payment requests to the company’s vendors, the indictment charged.
Czap then authorized nearly five hundred payments with company funds, using her own credentials, grand jurors were told While Czap filed federal tax returns for 2013, 2014, and 2015, those returns did notinclude her illegal income from the company’s funds and understated her income.
The indictment further alleges that, between January 2013 and July 2016, once the company’s funds were fraudulently deposited into her bank accounts. Czap and her husband withdrew approximately $2.7 million in cash at various casinos in Delaware and elsewhere.
Czap gambled regularly, but would at times cash out her casino play and receive cash. Currency totaling approximately $1.2 million was subsequently deposited into two different bank accounts held in the name of Czap’s husband.
U.S. Attorney for Delaware Charles Oberly stated, “I want to thank both the IRS and the Federal Bureau of Investigation. Defendant’s attempts to conceal the source of her illegal income made detection of the fraud more challenging, but the diligent and thorough investigative work of law enforcement uncovered the significant fraud perpetrated not only against the victim company but the American people.”
This case is the result of an investigation conducted by the Internal Revenue Service, Criminal Investigation and the Federal Bureau of Investigation. The prosecution is being handled by Assistant United States Attorney Lesley Wolf.