Former CFO of Non -Profit in New Jersey was charged in $ 2.5 million theft, money laundering scheme

Trenton, NJ – The former financial director and the controller of a non -profit of Burlington County has been accused of stolen over $ 2.5 million from the organization, money laundering and tax evasion, prosecutor Matthew J. Popkin announced on Friday.

Colleen Witten, 55, from Buena, is accused of diverting Nonprofit funds, which offer services to adults with disabilities, between May 2019 and March 2024. Her husband, Allan Witten, was also accused of receiving stolen goods.

Authorities claim that Colleen Witten has transferred more than $ 500,000 to an arrangement company that has controlled in the effort to hide the stolen funds. In addition, it is accused of not paying $ 174,480 in income taxes between July 2020 and April 2024.

“The corporate executives in New Jersey who abuse financial confidence must be held accountable,” Parkin said. “The conduct alleged in this case is particularly harmful, because the defendant would have stolen from an organization trying to help adults with disabilities and has used tired earnings to get rich.”

Colleen Witten is experiencing taxes, including first -degree money laundering, second -degree theft, illegal, third -degree failure to pay taxes and fourth falsification. Allan Witten is accused of receiving the property stolen by the third degree for accepting $ 189,000 in stolen funds on March 7, 2024.

The case is criminally prosecuted by the Deputy Prosecutor Veronica Daddario, within the Office for Fraud Values and the criminal prosecution of financial offenses.