Former N.J. Entertainment Firm Controller Accused Of Stealing From Business
MORRISTOWN, N.J. (CBSNewYork/AP) -- The former controller of a New Jersey entertainment business stood accused Tuesday of stealing nearly $200,000 from the firm.
John MacFarlane, 52 -- a former Florham Park resident who now lives in San Tan Valley, Ariz. -- was indicted Tuesday on a theft charge, Acting Morris County Prosecutor Fredric Knapp said.
MacFarlane worked for more than 22 years as controller for The Music Shop, a Boonton-based entertainment firm. Between February 2007 and March 2011, MacFarlane allegedly stole $198,000 and used it to make payments on his personal credit card for personal expenses that included plane tickets and hotels.
Knapp said MacFarlane allegedly made false ledger entries into the company's computer accounting system to hide the theft. MacFarlane allegedly would enter a debit on one of the expense ledgers that ultimately went to pay his personal credit card. In order to hide the credit card payment, he then created a false credit into another ledger.
A telephone number for MacFarlane couldn't be located Tuesday.
MacFarlane was president of the Florham Park Board of Education for seven years before he stepped down in October 2009, citing personal reasons.
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