Employee at Cedar Grove Bank Accused of Stealing Thousands

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Essex County NJ Theft LawyerAuthorities recently arrested an employee at a Cedar Grove bank whom they believe stole nearly $20,000 from his employer. The man is now facing several criminal charges, including those for theft and computer criminal activity.

According to the Cedar Grove Police Department, officers arrested 28-year-old Cedar Grove resident Matthew A. Roselle on Wednesday, July 13th. The arrest arose out of an investigation prompted by management at the Investor’s Bank located on Pompton Avenue in Cedar Grove.

Roselle’s employers alleged that he stole $19,300 from the bank between May 19 and June 30, 2016. Following his arrest, Roselle was charged with theft and computer criminal activity. He was released from police custody pending an arraignment scheduled for July 28th at Essex County Superior Court in Newark.

Considering the amount of money that Roselle is accused of stealing, he is likely facing charges for third degree theft. Under N.J.S.A. 2C:20-3, which addresses general theft charges, theft is classified as a third degree indictable felony when the amount involved exceeds $500 but is less than $75,000. If so, he is exposed to a New Jersey State Prison term ranging from 3 to 5 years upon conviction.

As for the charges involving computer criminal activity, these offenses are considered second degree crimes if the defendant:

“Accesses or attempts to access any data, data base, computer, computer storage medium, computer program, computer software, computer equipment, computer system or computer network for the purpose of executing a scheme to defraud, or to obtain services, property, personal identifying information, or money, from the owner of a computer or any third party….if the value of the services, property, personal identifying information, or money obtained or sought to be obtained exceeds $5,000.” (N.J.S.A. 2C:20-25).

If Roselle is found guilty of computer criminal activity in the second degree, he may be sentenced to a term of incarceration ranging from 5 to 10 years. A conviction on both counts could spell significant prison time, as the State can pursue a consecutive, as opposed to concurrent, sentence that requires Roselle to complete the time associated with one charge before he begins the next.

For additional information pertaining to this case, access the following article: Employee stole $19K from Cedar Grove bank, cops allege