By Kimberly Redmond, NJBIZ
The former chief financial officer of McElroy, Deutsch, Mulvaney & Carpenter LLP received a five-year state prison sentence after embezzling more than $1.5 million from the Morristown-based national law firm, according to the New Jersey Attorney General’s Office.
During a July 26 appearance before Superior Court Judge Steven Taylor at Morris County Courthouse, John Dunlea was also ordered to restore the stolen funds. He must also pay $20,000 in restitution to the state.
The sentencing comes nearly three months after the 61-year-old Westfield resident pleaded guilty to two counts of theft by deception and five counts of failure to pay taxes.
At the time, prosecutors said they’d seek a five-year prison term and restitution to the firm. In entering his plea May 8, Dunlea admitted to:
- Misappropriating $1.54 million from the firm. The total includes $1.18 million in authorized excess compensation and $355,256 in personal credit card charges from airline flights, hotels and restaurant outings for himself and his family.
- Evading $22,586 in state income taxes for tax years 2018 to 2022 for income derived from the credit card scheme.
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