CFO who stole $833K from N.J. company avoids jail after repaying money

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The 60-year-old from Brick wrote checks to himself for two years.

The former chief financial officer of a financial services technology company in Matawan has been sentenced to two years probation for stealing $833,000 from his employer.said Wednesday.

Lifshitz, of Brick, wrote company checks to himself and wire transferred money to his personal accounts, authorities said. He was fired in September 2022 and the company’s founders reported the thefts to the prosecutor’s office. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

 

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