Jody Chubbs, 32, of Middletown, Delaware, pleaded guilty yesterday to 15 counts of bank and credit card fraud amounting to nearly $370,000 over a 7 year period. In one scheme, Chubbs was employed by CVM Corp. as a bookkeeper, office manager and controller when, between 2000 and 2002, she wrote checks to herself and forged signatures. CVM's loss was some $132,000. In a more recent scheme, from 2006 and 2007, Chubbs deposited worthless checks into business accounts she controlled and then withdrew cash, netting some $200,000, according to prosecutors. She also made $30,000 in unauthorized charges, Chubbs Towing's credit card, a company she controlled, in 2007. Finally, she reportedly defrauded the Bank of America and Sovereign Bank by opening up accounts in other individuals' names. Chubbs faces as much as 45 years in prison, plus fines and restitution.
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