Contact Us
Englewood Daily Voice serves Alpine, Englewood, Englewood Cliffs & Tenafly
Return to your home site

Menu

Englewood Daily Voice serves Alpine, Englewood, Englewood Cliffs & Tenafly

Nearby Towns

News

Former Florham Park Exec Embezzled $325,000, Authorities Charge

Troy Corporation is headquartered on Vreeland Road in Florham Park.
Troy Corporation is headquartered on Vreeland Road in Florham Park. Photo Credit: Google Maps

A Florida man is accused of embezzling more than $325,000 from a Florham Park company while working as one of its executives, said authorities who charged him.

Hector Cardona, 49, of Fort Lauderdale, Fla., was the director of travel services for the Troy Corporation when he ran up a bill on the company credit card for personal expenses, Morris County Prosecutor Fredric M. Knapp and Florham Park Police Chief Joseph Orlando said.

Headquartered on Vreeland Road, Troy Corp develops and manufactures industrial performance materials (learn more here).

The corporation reported an alleged theft by Cardona in March 2017. An investigation found that Cardona received reimbursement payments from Troy Corp between June 2014 and January 2017, totaling $325,165.95, the prosecutor said.

The majority of the account transactions were "personal in nature and not related to any business with Troy Corp," Knapp said, leaving the account nearly depleted as of Nov. 20, 2017.

to sign up for Daily Voice's free daily emails and news alerts.

Welcome to

Englewood Daily Voice!

Serves Alpine, Englewood, Englewood Cliffs & Tenafly

Get the news you need to know on the go.

Welcome to

Englewood Daily Voice!

Serves Alpine, Englewood, Englewood Cliffs & Tenafly

Hi! You've read our articles so we know you like our reporting. To keep reading please join our mailing list.

Get important news about your town as it happens.