A Monmouth County grand jury has returned an 11-count indictment against a former bookkeeper for The Atlantic Club who has been charged with bilking the organization of more than $223,000 in five years, Monmouth County Prosecutor Christopher J. Gramiccioni announced on Monday.
The indictment charges Jennifer Ambrosino, 41, of Point Pleasant, with one count of second-degree theft of movable property, one count of second-degree computer criminal activity, four counts of third-degree failure to pay taxes, four counts of third-degree filing of a fraudulent tax return, and one count of fourth-degree falsifying records.
The charges are a result of a joint investigation by the Monmouth County Prosecutor’s Office, Wall Township Police Department, and the New Jersey Department of Treasury, Office of Criminal Investigation. The investigation determined that from January 2012 to June 2017, Ambrosino embezzled more than $223,000 from the health club for her personal use. Ambrosino concealed the theft by altering bank statements, initiating fraudulent wire transfers, and submitting erroneous reconciliation documents.
If convicted of either of the second-degree offenses, Ambrosino faces a maximum of 10 years in state prison. The third-degree charges each carry a maximum five-year sentence. The fourth-degree charge, a 18 maximum 18-month sentence.
— Edited press release from the Monmouth County Prosecutor’s Office