York-based Lifestyle Foods CFO charged with stealing more than $630K from company
The chief financial officer of York-based Lifestyle Foods Inc. has been charged with stealing more than $630,000 from the company, according to court documents.
Pradeep Jaipaul, 33, of Hampden Township, Cumberland County, was charged in February with theft by unlawful taking or disposition, theft by deception, receiving stolen property and access device fraud in connection with using the company's business accounts for personal expenses, the documents state.
Jaipaul had been solely responsible for maintaining financial records for the business from about January 2007 to late 2012, according to the documents.
He used the company's business accounts for gas, dining, a gym membership and other such purchases that were not authorized; at home improvement retailers; for hotel and travel expenses, ATM withdrawals, and transfers and wires to his personal account and his wife's; and for wire transfers to international companies that were not vendors of Lifestyle Foods, the documents state.
Lifestyle Foods CEO Jason Bross contacted the York City Police Department in January in reference to an internal theft investigation, the documents state. Bross said this afternoon that he had no comment.
A preliminary hearing is scheduled for April 4. Jaipaul could not immmediately be reached for comment.