Gerald Burke, Embezzlement, Massachusetts 2022

BOSTON, MA – Gerald Burke, 70, of West Springfield, was sentenced to 31 months in prison for embezzling over $1.4 million from his employer, a privately owned metal stamping company in Chicopee.

Burke, who served as the company’s controller, was responsible for the company’s finances, including directing payroll and signing checks on behalf of the company. However, he had other plans.

Between October 2011 and his termination in 2018, Burke embezzled $1.4 million by authorizing additional payroll payments to himself and by writing checks to himself and his credit card company from the company account.

Burke’s scheme was not only financially ruinous for his employer but also left him with a hefty tax bill. He failed to report $1.2 million of his illegal income to the IRS over the nearly seven-year duration of the embezzlement scheme, thereby evading more than $160,000 in federal taxes.

On April 13, 2022, Burke pleaded guilty to eight counts of bank fraud, two counts of mail fraud, and three counts of filing a false tax return. His sentence was handed down by U.S. District Court Judge Mark A. Mastroianni.

Burke’s case was prosecuted by Assistant U.S. Attorney Christopher Morgan of Rollins’ Springfield Branch Office. The investigation was conducted by the Federal Bureau of Investigation, Boston Division, and the Internal Revenue Service’s Criminal Investigation in Boston.

As Burke begins his 31-month prison sentence, he will also face three years of supervised release and will be required to pay restitution to the victims and the Internal Revenue Service.

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