NEW BRUNSWICK, NJ - Middlesex County Prosecutor Andrew C. Carey announced today that a Freehold woman has been charged with stealing from the Middlesex County Utilities Authority while she worked there as comptroller/treasurer.
In a statement released by the MCUA, the Middlesex County Utilities Authority learned this summer that Margaret Brennan, the MCUA’s Comptroller/Treasurer at the time, improperly took money for her personal use from some of the MCUA’s reserve accounts. The MCUA promptly engaged outside auditors to conduct an independent internal investigation of the matter. The MCUA shared the report with the Prosecutor’s Office and is also reviewing the report internally. The MCUA has implemented recommendations presented during the internal investigation, and will continue to institute any and all further recommendations to ensure this type of event does not happen again.
Margaret Brennan, 68, was charged with theft of $57,000 by deception, failing to pay state taxes and filing false state income tax returns.
Bail was set on September 19, 2014 in New Brunswick by Superior Court Judge Bradley Ferencz after Brennan surrendered on the charges. He allowed the defendant to remain free, but gave her until today to post $10,000 cash bail.
Brennan, who had worked for the utilities authority in Sayreville for 28 years, was charged after an investigation conducted by Detective Linda Infusino of the Middlesex County Prosecutor’s Office determined the defendant took the funds in various amounts between November 20, 2012 and June 15, 2014.
The investigation further showed Brennan took the money by withdrawing sums from a utilities authority account and by writing checks to herself.
The investigation began after a bank contacted officials at the utilities authority.