Robert Besser
30 Jan 2023, 09:35 GMT+10
NEW YORK CITY, New York: After being convicted of stealing more than $900,000 from the company, Rosita Joseph, former executive at the North American operator of Juan Valdez coffee, has been sentenced to three to six years in a New York state prison.
After pleading guilty to one count of grand larceny in the second degree, Joseph, 52, former chief operating officer of NFCGC Investment, which manages US retail sales of Juan Valdez coffee and several Juan Valdez cafes, was sentenced by Justice Laura Ward of the Manhattan criminal court.
In a statement, Manhattan District Attorney Alvin Bragg said that Brooklyn resident Joseph "brazenly fleeced her employer over more than five years to inflate her paychecks, pay for expensive vacations, including to the Bahamas and Barbados, and buy gold and diamond jewelry and Gucci accessories on Amazon.com."
She was sentenced after reaching a plea agreement.
In an email, Joseph's lawyer, Liam Malanaphy, said, "In expressing profound remorse, Ms. Joseph took full responsibility for her actions."
NFCGC fired Joseph after she had refused many requests for documents during a routine financial audit, prosecutors said, adding that she could have faced up to 15 years in prison on grand larceny charges.
Get a daily dose of Israel Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Israel Herald.
More InformationCHEYENNE, Wyoming: A Wyoming bill outlawing the use or prescription of medication abortion pills, which was passed by the state's ...
DENVER, Colorado: The Southern Nevada Water Authority has voted to accept a $2.4 million grant from the US Bureau of ...
WASHINGTON D.C.: The US government has reported that the exceptionally wet winter in California this year will offer relief from ...
FRANKFURT, GERMANY: Authorities said that as part of a crackdown on gangs suspected of blowing up ATM machines and stealing ...
BERLIN, Germany: Germany will send a cabinet minister to visit Taiwan next week, at a time when Berlin is reviewing ...
ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...
NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...
WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...
FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...
NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...
WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...
BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...