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Staffing controller gets prison for embezzling more than $1.3 million

September 25, 2014

The former controller at a New York-based staffing firm who embezzled more than $1.3 million to buy expensive cars, jewelry and make mortgage payments among other things was sentenced to 2½ to 7½ years in prison, the New York County District Attorney’s office announced. The former controller, Robert Dayan, 59, also executed a confession of judgment for more than $1.3 million and forfeited two cars.

Dayan previously pleaded guilty to grand larceny in the first degree and falsifying business records in the first degree.

The former controller worked at Infinity Consulting Solutions Inc. starting in March 2006, and was principally responsible for managing the company’s accounts payable and payments for third-party vendor services, according to the District Attorney’s Office.

Dayan made more than 130 false entries in the company’s payroll processing and accounting systems between July 2008 and February 2012, corresponding to at least 150 checks made payable to three separate bank accounts opened under his name.

The unauthorized checks directed to the Dayan’s accounts totaled more than $1.3 million, according to the District Attorney’s Office.

“Companies should be able to trust their accounting professionals and executives to conduct business honestly and with integrity,” said District Attorney Cyrus Vance. “The defendant stole more than $1 million dollars from his employer, which he used to keep up his luxurious lifestyle and pay for a variety of expenses, including credit card payments, expensive dinners, jewelry, mortgage payments, and lease payments on a Mercedes-Benz and two different Lexuses.”