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Stamford Woman Charged With Embezzling $800K From Work

A Stamford woman was charged with embezzling $800,000 from her employer
A Stamford woman was charged with embezzling $800,000 from her employer Photo Credit: Contributed

STAMFORD, Conn. -- A Stamford woman was charged with embezzling at least $800,000 from a management consulting firm that she worked for, according to John H. Durham, United States Attorney for the District of Connecticut, and Patricia M. Ferrick, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation.

Candace Rispoli, 31, of Stamford was charged Thursday with one count of wire fraud stemming from the embezzlement scheme, Durham said. She appeared in court on Friday and was released on a $100,000 bond.

According to the indictment, Rispoli worked for a management consultant from January 2012 to June 2016, working from her home in East Haven that she shared with her then-boyfriend Michael Miano, 31, of Branford. In her capacity at this job, she had a credit card that she used to pay for travel, entertainment and other business expenses incurred by the company's employees and potential employees.

From 2013 to 2014, Rispoli charged her and Miano's personal expenses to the company's card, according to the indictment. She also transferred funds from the company's credit card to PayPal and Venmo accounts that she and Miano controlled, Durham said. To conceal her activities, Rispoli altered the company's credit card statements and created false billing summaries, which she emailed to the company's accounting firm, according to the indictment.

Miano pleaded guilty on Sept. 1 to conspiracy to commit wire fraud, and is released on a $100,000 bond pending sentencing. If convicted, Rispoli could face up to 20 years in prison.

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