Victoria A. Jordan, 32, of Salisbury, Massachusetts has been charged with 15 counts of wire fraud for allegedly embezzling more than $450,000 from White Magic, Inc., a carpet cleaning equipment company where she had been employed as chief financial officer. According to prosecutors, Jordan inflated her salary, took other unauthorized compensation, putting her non-employee husband on the payroll, making unauthorized purchases of personal items with company credit cards; and using company funds to otherwise make unauthorized personal purchases. The scheme lasted from January 2004 to November 2008. Meanwhile, the company is in financial dire straits and must lay off as many as 25 employees. Jordan faces up to 20 years, plus fines on each count as well as restitution if found guilty.
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