The Shelton Police Department have helped investigate a case that led to a guilty plea for bank fraud today in federal court.
Angelina Velasquez, 46, of Trumbull, pleaded guilty today to stealing $247,570 from her Shelton-based employer through a payroll check scheme, according to federal prosecutors
Velasquez admitted guilt to one count of bank fraud before U.S. Magistrate Judge Holly B. Fitzsimmons in Bridgeport federal court on Feb. 28. She could go to prison for up to 30 years.
Worked in payroll and human resources
According to court documents and statements made in court, Velasquez was employed as the payroll and human resources coordinator for a local company. From about September 2007 to November 2009, Velasquez manipulated her employer’s payroll system and caused the company to generate approximately 350 unauthorized payroll checks, totaling about $247,570, in the names of 87 different employees at the company, law enforcement officials said.
She then intercepted the checks before delivery to the employees, forged their signatures on the back of the checks, deposited and cashed the checks at two banks, and used the proceeds for her own personal use, according to officials.
Officials: She also stole someone’s income tax refund
Officials said Velasquez also assisted individuals by preparing and submitting personal income tax returns and, in 2009, she defrauded an individual out of her tax refund of $5,146.
Velasquez is scheduled to be sentenced by U.S. District Judge Janet C. Hall on May 23, at which time she faces a maximum term of imprisonment of 30 years.
In addition to the Shelton Police Department, the case has been investigated by the U.S. Secret Service and the Connecticut Financial Crimes Task Force, which includes federal, state and local law enforcement agencies.