Naugatuck woman pleads guilty to $865K embezzlement scheme

NAUGATUCK, Conn. (WTNH) — A Naugatuck woman pleaded guilty Friday to a fraud offense stemming from an $865,106 embezzlement scheme, according to the office of the United States Attorney for the District of Connecticut.

In New Haven federal court, 45-year-old Jennifer Cormier waived her right to be indicted and pleaded guilty to bank fraud. The charge has a maximum term of 30 years in prison.

According to the United States Attorney’s office, the embezzlement happened while Cormier did bookkeeping and other office-related tasks as an employee of a family-owned business in Naugatuck.

For several years spanning 2017 to 2023, Cormier is accused of creating roughly 1,000 checks made payable to her, then forging the signature of the company’s owner and cashing them to her personal bank account.

After the checks were issued, officials said she deleted the transaction in the company’s accounting system.

Cormier was released on a $50,000 bond pending sentencing on Dec. 18.

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