Glouco exec sentenced to 57 months for $1.3 million embezzlement

A Gloucester County firm's former financial officer was sentenced today to 57 months in federal prison for embezzling $1.3 million from the company.

Rusty Spickenreuther, 46, of Franklinville, previously pleaded guilty to one count each of wire fraud,money laundering, and

of tax fraud.

Imposing the sentence in Camden, U.S. District Judge Joseph H. Rodriguez,also ordered Spickenreuther to pay $1.3 million in restitution to Swedesboro-based Environmental Industrial Services Corp. of New Jersey and to forfeit $289,576 the government seized from bank and brokerage accounts controlled by Spickenreuther.

U.S. Attorney Paul J. Fishman said Spickenreuther admitted that between June 2009 and June 2011 he stole more than50 checks payable to the company and diverted the funds to bank accounts he controlled.

Spickenreuther used his access to the company's financial books and records in an effort to conceal the theft, Fishman said.