A former Juan Valdez Café locaion in Midtown Big apple. Public area picture.
The previous Leader Running Officer of the corporate that operates the Juan Valdez logo in North The usa pleaded to blame to grand larceny after stealing just about greater than $900,000 from the corporate.
Rosita Joseph, 51, of Brooklyn, New York, was once sentenced to a few to 6 years in state jail following the to blame plea ultimate week in New York State Perfect Courtroom.
Joseph was once the COO of NFCGC Investments, Inc., a U.S.-based subsidiary of Colombia’s Procafecol S.A., which was once established via the nonprofit Colombian Espresso Growers Federation (FNC) to regulate the Juan Valdez logo the world over.
“Rosita Joseph overtly fleeced her employer so she may just inflate her wage and make extravagant purchases, together with luxurious holidays,” Big apple District Legal professional Alvin L. Bragg Jr. stated in a statement of the sentencing. “The greater than $900,000 cash must have long gone to rising the corporate or at once into the wallet of staff, as an alternative of Ms. Joseph’s personal checking account.”
Joseph was once accused of stealing from the corporate over a length of 5 years starting in 2013. Consistent with prosecutors, Joseph used an organization bank card to pay for luxurious holidays for her and her members of the family to a large number of places, together with the Cayman Islands, Barbados, The Bahamas and Orlando, Florida.
Joseph was once additionally accused of the usage of the corporate to card to buy greater than $86,000 value of things, together with jewellery and Gucci merchandise. Over the 5 12 months length, Joseph made just about $700,000 value of unauthorized cord transfers and unauthorized payroll deposits to her non-public accounts.
The investigation started after Procafecol carried out a regimen monetary audit in 2016 and Joseph refused to offer financial institution statements and different account paperwork. NFCGC therefore fired Joseph.
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