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CFO admits taking $2M from North Jersey firm

YOU READ IT HERE FIRST: That’s a lot of dinners: The former CFO of a North Jersey-based graphic arts and printing supply company, admitted he cooked expense reimbursement forms to embezzle $2 million from his business.

Photo Credit: Cliffview Pilot

Eichner, from Pitman publicity photo


John Eichner, 49, of Montvale, officially pleaded guilty in federal court in Camden to wire fraud and tax evasion for embezzling the money from the Harold M. Pitman Company in Totowa by cooking expense reimbursement forms.

Specifically, Eichner said, he submitted a stack of reimbursement requests for luxury hotel and resort stays, meals at pricey restaurants, clothing and jewelry from, among others, Nordstrom, Coach, and Tiffany and Co.

He even got the Pitman Company to wire $30,000 for cases of wine he bought at auction at Sotheby’s, he said.

Looking at several years in federal prison, Eichner — a Hofstra University grad who once worked for KPMG Peat Marwick — remains free on $100,000 bond pending sentencing on Feb. 24 by U.S. District Judge Jerome B. Simandle.

U.S. Attorney Paul J. Fishman credited special agents of the FBI and the IRS for taking down Eichner.

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