Former CFO charged with embezzlement and immigration fraud at Maccaferri's Canadian unit
Teresa Desy Majo, ex-CFO at Maccaferri Canada and USA, is indicted on wire fraud, identity theft and immigration fraud charges spanning 2021–2024.
Ex-CFO accused of editing emails to steal from Maccaferri Canada and USA
A former chief financial officer of the North American units of Italian civil engineering firm Officine Maccaferri S.p.A. has been indicted on federal charges in the United States, ctvnews.ca reports. Teresa Desy Majo, 42, faces counts of wire fraud, aggravated identity theft and possession of a perjured immigration document.
The U.S. Attorney's Office for the District of Maryland announced the indictment in a press release on Monday. According to authorities, Majo's alleged scheme ran from January 2021 through May 2024 and targeted both Maccaferri Canada and Maccaferri USA — subsidiaries of the Bologna-based parent company that designs and manufactures products for the global construction industry.
"The former CFO used multiple Maccaferri executives' identities to fraudulently approve alleged employment benefits and compensation to enrich herself," the U.S. Attorney's Office stated.
Prosecutors allege Majo modified emails belonging to senior Maccaferri executives in order to fraudulently authorize unwarranted compensation and benefits for herself. She then submitted the altered documents to the payroll departments of both North American subsidiaries, according to the indictment.
Majo was eventually dismissed from her position, but authorities allege she concealed her termination from immigration officials and lied to them in order to obtain legal permanent resident status in the United States. She is originally from Italy and currently resides in Annadale, Virginia.
The press release noted that individuals charged by indictment are presumed innocent unless and until found guilty at a criminal proceeding. The charges have not been tested in court.
Officine Maccaferri S.p.A., Maccaferri USA and Maccaferri Canada did not immediately respond to a request for comment from ctvnews.ca.
Source: Google News CA — Crime (EN)