Three former employees of Henri Bendel’s finance department pleaded guilty Tuesday for embezzling more than $168,000 of company funds.
Brandon Detvo, 40, Kelly Rogel, 32 and Sanjay Damodar, 31, were charged with grand larceny in the second degree. Detvo and Damodar also each pleaded guilty to one count of falsifying business records in the first degree. All three are expected to receive their sentences by the end of September.
The defendants’ infractions were committed between April 2013 and February 2014. Court documents say that Detvo, Rogel, and Damodar would issue checks from Henri Bendel’s PNC Bank account and deposit them into a fund called AIM Financial — a consulting company owned by Detvo and Rogel. The money was then transferred into the personal bank accounts of all three defendants, who would also make purchases using DEBIT cards tied to AIM Financial’s account.
Manhattan district attorney Cyrus R. Vance Jr. said of the defendants: “These company supervisors stole from the very accounts that they were hired to manage. Theft and fraud by insiders continues to be a major threat to companies of all sizes.”