GREENWICH, Conn. – A Stratford woman pleaded guilty to wire fraud related to her embezzlement of $1.1 million from her Greenwich employer, according to Greenwich police.
According to court documents and statements made before a U.S. magistrate judge in Hartford, Claire Balducci, 46, worked for a private investment company based in Greenwich. As office manager, she had access to six business bank accounts.
From September 2008 and November 2011, Balducci issued numerous checks from the firm’s business accounts payable to herself, to cash and to third-party vendors, all of which she deposited in her personal bank account. She also opened a credit card in the name of the managing partner of the company and authorized herself as a co-user of the account. She then made unauthorized charges for personal expenses.
Balducci is scheduled to be sentenced March 6. She faces a maximum of 20 years in prison.
After her guilty plea, Balducci was released on $250,000 bond into home confinement under electronic monitoring by the U.S. Probation Office.
Greenwich police worked with the Connecticut Financial Crimes Task Force, which includes members of the U.S. Secret Service; the U.S. Postal Inspection Service; the U.S. Department of State, Bureau of Diplomatic Security; the Internal Revenue Service – Criminal Investigation; the Connecticut State Police; and the Hartford, Shelton and Stamford police departments to complete the investigation.
- 1 Bear Drops In At Backyard, Country Club In Greenwich
- 2 Record Numbers Turn Out As Greenwich Throws Its Biggest Party
- 3 Threat Of Tick-Borne Diseases Serious, Growing In Fairfield, Says Report
- 4 Metro-North Train Hits, Kills Man On Tracks Near Fairfield Metro Station
- 5 Greenwich Comes Out To Party With Doobie Brothers, Earth Wind & Fire