2 White Collar Criminals Busted Over Theft Charges

Jack Humphrey, Regulatory journalist
February 21, 2011 /

Approximately $630,000 have been embezzled by two alleged white collar criminals working at Mon-Oc Mechanical Inc. Avenue in Lakewood, according to a complaint filed by the Ocean County Prosecutor’s Office with the Lakewood police.

Mildred Hahn, 62, from Florida Court in Brick, and James Distasio, 32, from Halliard Avenue in Beachwood allegedly misappropriated funds from Mon-Oc Mechanical.

Hahn has worked at the company overseeing the bookkeeping tasks and payroll checks processing while Distasio was the general foreman, according to Michael Mohel, deputy chief of the prosecutor’s office.

Mohel said the probe into the two white collar criminals set out when officials have sought the Township police and county detectives to take part in the investigation.

Their findings revealed that Hahn has embezzled $500,000 from the Mon-Oc Mechanical from 2003 to 2009 while Distasio, who has been in the company for 12 years, has been found to have conspired with Hahn in stealing approximately $130,000.

Authorities said the misappropriated funds were transferred to Distasio’s account through checks approved by Hahn who also managed the company’s bank deposits and bills.

A separate complaint against Hahn alleged that she has been making payouts to herself through unauthorized checks.

The alleged white collar criminals were both arrested on counts of theft of company funds. In addition, Hahn was charged with computer criminal activity and fraudulent use of stolen credit cards.

Hahn was remanded to the Ocean County Jail in Toms River while Distasio was remanded to the county jail.

Both white collar criminals have the option to bail out themselves at $75,000.

 

Share your opinion