Woman charged with embezzling $500,000+

April 8, 2009 11:53:37 AM PDT
A woman who worked with a Delaware Ford dealership has been arrested for allegedly embezzling more than a half million dollars.Police say Jennifer A. Creamer, 43, of the unit block of McCormick Blvd. in Newark, Delaware, started her own business called GCS Services, Inc. in 2001.

It was then, investigators say, that Creamer developed a partnership with Sheridan Ford on Kirkwood Highway in Wilmington, in which the dealership would outsource their payroll to her company.

Authorities say Creamer was responsible for transferring money from the dealership's account to a separate entity, where the employees had their personal accounts established.

According to police, Creamer would transfer unauthorized funds to her personal account during those transfers.

Police say the dealership completed an audit of their financial records, showing that Creamer is responsible for embezzling more than $500,000 since 2001.

Creamer turned herself in to Delaware State Police Troop 2 where she was formally charged with the following crimes:

5-Counts of Theft of $1000.00 or Greater (Felony)
2-Counts of Theft Where the Property Value is $100,000.00 or More (Felony)
2-Counts of Theft Where Property Value is Greater Than $50,000.00 Less Than $100,000.00 (Felony)
9-Counts of Falsifying Business Records to Make or Cause False Entry (Misdemeanor)

Creamer was released on $270,000.00 unsecured bond pending a later trial date.

The Delaware State Police urges the anyone with additional information concerning any potentially fraudulent activity by Creamer to contact Troop 2 at (302) 834-2620 or Crime Stoppers at 1-800-TIP-3333.

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