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Press Release

Andover Nanny Sentenced for Stealing More than $100,000

For Immediate Release
U.S. Attorney's Office, District of Massachusetts

BOSTON – An Andover woman was sentenced today in federal court in Boston for stealing more than $100,000 from her employer.

 

Stacy Fortunato, 36, was sentenced by U.S. Senior District Judge Mark L. Wolf to 15 months in prison, three years of supervised release, and ordered to pay restitution in the amount of $112,806.  In June 2017, Fortunato pleaded guilty to one count of bank fraud and one count of wire fraud.

 

While employed as a nanny from November 2014 to February 2016, Fortunato’s employer provided her with a credit card to make purchases solely related to her work duties.  Instead, Fortunato made unauthorized charges and cash withdrawals using the credit card on hundreds of occasions, totaling approximately $86,000.  To conceal what she had done, Fortunato made unauthorized electronic payments from her employer’s bank account to her employer’s credit card account.  Fortunato also wrote checks for her own personal benefit on her employer’s bank account, forging her employer’s signature to the checks before cashing them.  In total, Fortunato defrauded her employer of about $113,000. 

 

Acting United States Attorney William D. Weinreb and Harold H. Shaw, Special Agent in Charge of the Federal Bureau of Investigation, Boston Field Division made the announcement today. Assistant U.S. Attorney Mark J. Balthazard of Weinreb’s Economic Crimes Unit prosecuted the case.

Updated October 10, 2017

Topic
Financial Fraud