Accountant accused of stealing $3 million from NYC Jewelry Company: DA

BAYSIDE, QUEENS — The former accountant for a New York-based jewelry company is accused of stealing nearly $3 million from his employer to fund his lavish lifestyle expenses, according to the district attorney’s office. of Manhattan.

Bayside’s Francisco Lopez faces charges of grand larceny and theft of property in an unsealed indictment Monday, prosecutors say.

Between 2014 and 2021, Lopez made thousands of transfers from Julie Vos’ business accounts to her personal bank and credit cards, siphoning off more than $2.8 million from the jewelry company to pay for cars, travel and expenses. high-end accessories, the district attorney’s office alleged. .

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Prosecutors claim Lopez hid the transfers in plain sight — writing them out as business expenses while using the money for his own benefit, according to the DA.

The seven-year program ended in April last year when American Express questioned Julie Vos about company account payments that covered charges on Lopez’s personal cards, prosecutors said.

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“Francisco Lopez is accused of taking advantage of his insider access to steal nearly $3 million from a New York-based company over seven years,” Manhattan District Attorney Alvin Bragg said.

“We are committed to protecting our city’s businesses from all manner of theft, including insider fraud,” he added of his office.

Lopez, 36, pleaded not guilty to robbery and criminal possession of stolen property in Manhattan Supreme Court on Monday, the New York Post reported, noting that his bond was set at $500,000 in cash.

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