Matthew S. Neugeboren, Wire Fraud & Tax Evasion, New Jersey 2014

TRENTON, N.J. – A former attorney has been sentenced to 18 months in prison for stealing over $2.6 million from his former employer, a home health care company in Ocean County, New Jersey.

Matthew S. Neugeboren, 39, of Manalapan, New Jersey, pleaded guilty to one count of wire fraud and one count of subscribing to a false tax return. He was sentenced by U.S. District Judge Mary L. Cooper in Trenton federal court.

According to documents filed in the case, Neugeboren maintained an attorney trust account to pay for his former employer’s expenses. However, he used the account to steal $2,644,912 from the company between January 2008 and December 2012. He also failed to report the stolen money on his tax return, resulting in a $474,814 tax loss.

In addition to the prison term, Judge Cooper ordered Neugeboren to serve three years of supervised release, forfeit $1,404,963, and pay restitution of $1,404,963 to the victim company and $474,814 to the IRS.

The investigation was conducted by the FBI and IRS-Criminal Investigation.

Neugeboren’s defense counsel was Justin P. Walder Esq. of Roseland, New Jersey.

The U.S. Attorney’s Office is represented by Assistant U.S. Attorney Molly Lorber.

Mandatory Facts:

Defendant: Matthew S. Neugeboren

Criminal Charges: Wire Fraud and Tax Evasion

City and State: Trenton, New Jersey

Date: Not specified

Sentence: 18 months in prison, 3 years supervised release, $1,404,963 forfeiture, $1,404,963 restitution to victim company, $474,814 restitution to IRS

Dollar Amounts: $2,644,912 (stolen), $474,814 (tax loss), $1,404,963 (forfeiture), $1,404,963 (restitution), $474,814 (IRS restitution)

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