Interstate Chemical employee gambled away $1.1 million in company money

Interstate Chemical Company truckThe 64-year-old Jeanne Marie Zacherl has been accused of embezzling $1,126,763 from Interstate Chemical Company. She used the money to spin the reels of $10 slot machines at a Chester-based gambling parlor. Zacherl worked for 22 years as an accounts payable manager for Interstate Chemical Company, with an annual salary of $50,000.

$1,126,763 embezzlement

Jeanne Marie Zacherl transferred $1,126,763 from fake vendor accounts to her personal bank account over the past seven years. The 64-year-old accounts payable manager confessed that she had used the money to gamble at Mountaineer Racetrack & Casino. Zacherl loved to play the slots at the Chester-based gambling venue. A few weeks ago, the fraud came to light after company officials discovered suspicious wire transfers.

Slots passion

During police interrogations, Zacherl revealed that she used to withdraw the embezzled money at the casino. Subsequently, she wagered the cash on slot machines inside the gambling venue. Daniel Zacherl, her spouse, was a trucker for the same company for almost 30 years. He wasn’t aware of the embezzlement, nor her gambling addiction. Last month, we reported about a 61-year-old woman who embezzled $132,000 from an Indian tribal organization.
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