Charles Esposito

Burlington County Prosecutor Scott Coffina and Moorestown Township Police Chief Lee Lieber have announced that a 78-year-old Hainesport man who worked as an accounting manager has been charged with stealing more than $2.5 million from his Moorestown employer over a 14-year period.

Charles Esposito, of the first block of Prickett Lane, was charged with Theft by Deception (Second Degree), Computer Criminal Activity (Second Degree) and Misapplication of Entrusted Property (Second Degree).

Esposito surrendered himself at the Moorestown Township Police Department. He was processed on a summons and released on his own recognizance. The case will now be prepared for presentation to a Burlington County Grand Jury for possible indictment.

Officials at the company, Oldcastle BuildingEnvelope, began to investigate in April after concerns were raised about a hand-written check for $18,500 that had been signed by the defendant and contained another signature that appeared to be a forgery.

The ensuing investigation revealed that Esposito was able to circumvent the company’s check issuance procedures and divert $2,537,655 for his personal gain. He is accused of conducting 243 fraudulent transactions between 2005 and April 2019.

Esposito will be prosecuted by Assistant Prosecutor Andrew R. McDonnell, supervisor of the BCPO Financial Crimes Unit. The investigation was conducted by the Moorestown Township Police Department and the BCPO Financial Crimes Unit. The lead investigator is Moorestown Police Detective Donald Brauckmann.

Oldcastle BuildingEnvelope supplies products and services used to close in a structure, provide access, security and safety, and finish out the interior. This includes fabricated glass, architectural hardware and architectural metal systems. The company has operations in 32 countries.

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