Montgomery man charged with embezzling $1M from West Springfield company
WEST SPRINGFIELD (AP) - The former bookkeeper for a West Springfield business has been indicted for allegedly embezzling more than $1 million from the company.
The state attorney general's office says 50-year-old Jeffrey Cinelli, of Montgomery, was indicted Thursday on five counts of larceny of more than $250, and four counts of making a false entry into corporate books.
He is scheduled to be arraigned March 14.
Prosecutors allege that between January 2006 and May 2009 Cinelli diverted money from Massachusetts Fire Technologies Inc. accounts to pay personal credit card debt, and then altered company books to hide his tracks.
Massachusetts Fire Technologies specializes in the sale and service of fire extinguishers and suppression systems.
Company founder David Wolcott said he considered Cinelli a friend.
Cinelli could not be reached.
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