Peter Singh, 43, arranged fraudulent raises for himself and added family members to the payroll, cops say.
Woodmere, NY - May 16, 2018 - The Major Case Bureau reports the arrest of a Selden man on Tuesday, May 15, 2018 at 7:20am for a Grand Larceny that occurred between 2004 and 2018 in Woodmere.
According to Robbery Squad Detectives, defendant Peter Singh, 43, of Selden while employed at a Pediatrics Healthcare Office from 2004 to February 23, 2018, did embezzle more than three million dollars.
The defendant was employed as the Practice Administrator and had access to bank accounts and payroll. During that time, the defendant arranged for a direct deposit from the victim’s business into his own account in the amount of approximately $83,500.00; he arranged for pay raises to himself for approximately $1,126,800.00; he added his wife to the payroll for approximately $1,726,700.00 with the funds going directly to himself; he also added his step-daughter to the payroll with the funds going to himself for approximately $136,053.00 and set up a false company with the funds going to himself for approximately $29,600.00.
The victim’s business account was having problems so they hired a CPA to analyze the records and the above fraudulent activities were discovered. Subsequent to the investigation, defendant Peter Singh turned himself into Nassau County Detectives at 7:20am on May 15, 2018.
Defendant Peter Singh is charged with Grand Larceny 2nd Degree, Scheme to Defraud 1st Degree and (8) counts of Falsifying Business Records 1st Degree. He was arraigned in First District Court 99 Main Street on Tuesday, May 15, 2018.
A criminal charge is an accusation. A defendant is presumed innocent until and unless proven guilty.