Little Silver woman sentenced to 5 years in state prison
A Little Silver woman was sentenced to five (5) years in state prison earlier this month for diverting nearly $1 million from Aberdeen condominium owners. The Defendant was ordered to pay $758,000.00 in restitution and was sentenced to a "five year flat" sentence in Monmouth County Superior Court based on her mishandling of funds with the help of her mother which saw them use condo association funds for personal trips and clothing. The mother and daughter defendants also opened credit cards in the condominium association's name and used them for personal expenses. Further, according to the Asbury Park Press article, "[t]he pair also wrote out numerous bad checks totaling more than $75,000 to vendors in Little Silver, Red Bank and Holmdel from September 2006 until February 2007."
Based on these charges, the defendant plead guilty and received a "five year flat sentence". This means that the defendant will typically be eligible for parole after 15 months. If the defendant had received a 5 year sentence with 85%, under New Jersey's No Early Release Act, the defendant would serve 85% of her five year sentence or 51 months before she would be eligible for parole.
