A Connecticut woman is facing charges of embezzling more than $400,000 from a Mystic-based property group over a one-year period while working as the company’s bookkeeper.
Vicki Miller, of Colchester, was indicted by a federal grand jury at the U.S. District Court in New Haven last week with one count of wire fraud stemming from an embezzlement scheme, according to court documents. She was arrested Wednesday and arraigned before a U.S. magistrate judge, but has not entered a plea.
Online court records available Monday indicated that Miller, 56, had posted a $50,000 court-set bond. Under conditions of her release, she is to avoid any contact with her former employer and must also participate in Gamblers Anonymous effective immediately.
According to the federal indictment, which is available online, Miller was hired as a bookkeeper in June 2017 for the Mystic-based Greylock Property Group LLC, which is owned by Brian Navarro and operates out of an office on West Main Street, according to state records. The company manages various Connecticut property management and development businesses, including both Greylock Investments LLC and Jerome Properties LLC.
An investigation by the FBI with assistance from Town of Groton police determined that Miller fraudulently used her position to gain access to the company’s and Navarro’s accounts. The efforts began in July 2017, the indictment states, and continued until Miller’s termination of employment in August 2018.
Court records showed that Miller received more than $400,000 in unauthorized payments she made to herself through various means, including ATM withdrawals, checks that Miller wrote to herself, and direct transfer of funds into her personal bank account.
A conviction for wire fraud stemming from an embezzlement scheme carries a maximum penalty of 20 years in prison.