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Ex-employee gets jail for embezzling from Glenville firm

Friday, October 12, 2012
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— The former head bookkeeper for a Glenville steel fabrication firm will spend six months in jail and must make restitution after admitting Friday to embezzling nearly $60,000 from the company.

Suzanne M. Endres, 40, of Niskayuna pleaded guilty in Schenectady County Court to five felony charges — two counts of third-degree grand larceny, one of fourth-degree grand larceny and two of first-degree falsifying business records.

Endres took the money from JBS during a five-year period. She was fired in August after company officials discovered the money was missing.

She accomplished the fraud in three different ways: She wrote checks payable to cash and then falsified business records to cover her tracks, which netted her about $35,000. She also diverted money that was supposed to go into her 401(k) and did not deduct the corresponding amount from her paycheck — essentially getting the money twice, which resulted in an extra $23,000. She also gave herself about $2,000 worth of paycheck advances.

Under the terms of the plea deal, Endres will be sentenced to six months in jail and five years of probation. She also must make $38,000 in restitution to JBS and $25,000 to an insurance company. She is scheduled to be sentenced Jan. 18. She remains free on her own recognizance until sentencing.

 
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