Health care company lawyer admits stealing $2.6M from NJ fund
A Manalapan man who worked as in-house counsel for a home health care company has admitted stealing more than $2 million from his employer.
Matthew Neugeboren pleaded guilty in federal court in Trenton on Tuesday.
The 39-year-old pleaded guilty to one count of wire fraud and one count of subscribing to a false tax return. The wire fraud count carries a maximum sentence of 20 years.
Prosecutors contended that, between 2008 and 2012, Neugeboren used an attorney trust account to steal more than $2.6 million from the Ocean County-based company by transferring more money than was needed to cover company expenses.
He also failed to include about $630,000 in gross income on his taxes for 2011 that he received from the scheme.
Neugeboren is scheduled to be sentenced Sept. 3.
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