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Greenwich Equity Firm Embezzler Gets Jail Time

GREENWICH, Conn. – A New Jersey man who embezzled about $85,000 from his Greenwich employer was sentenced to six months in prison, the U.S. attorney’s office in Connecticut announced Thursday.

Charles Bradley Simpson, 34, of Wyckoff, was sentenced to prison time, followed by six months of home confinement and two years of supervised release for the crime. He pleaded guilty Aug. 3 to one count of wire fraud.

According to court documents and statements made in court, Simpson worked as the controller for an unidentified private equity firm in Greenwich and was responsible for overseeing the company’s payroll functions. From January 2008 to April 2010, Simpson accessed the company’s Internet-based payroll service provider’s computer network on 40 occasions to add amounts to be paid to him as reimbursement for expenses he never incurred.

As part of his sentence, Simpson will be required to pay $105,108 in restitution to the company and its insurer. The amount includes $19,900 in costs incurred during the company’s investigation of the embezzlement.

The case was investigated by the Connecticut Financial Crimes Task Force, including the U.S. Secret Service and the Greenwich Police Department, and was prosecuted by Assistant U.S. Attorney Paul Murphy.

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