Press Release

Press Releases << OAKLAND, NJ MAN CHARGED WITH MONEY LAUNDERING, THEFT, AND THEFT BY DECEPTION

For Immediate Release:
October 4, 2023

Bergen County Prosecutor Mark Musella announced the arrest of CHARLES J. VINCENT (DOB: 7/29/1961; married; financial controller) of 30 Brandywine Place, Oakland, NJ on charges of money laundering, theft, and theft by deception. The arrest is the result of an investigation conducted by the Bergen County Prosecutor’s Office under the direction of Chief Jason Love.

In March 2023, detectives from the Bergen County Prosecutor’s Office Financial Crimes Unit received information regarding suspected employee embezzlement at a Bergen County-based business. The investigation revealed that CHARLES “CHUCK” VINCENT used his position as financial controller to divert approximately one million dollars belonging to his employer to his personal control. The theft occurred over an extended period and employed several deliberate methods of diversion. These included large unauthorized payments to himself disguised as bonuses, as well as payments from company accounts to personal debt obligations.

On October 3, 2023, Bergen County Prosecutor’s Office and Oakland Police Department personnel arrested CHARLES VINCENT without incident in Oakland, NJ. VINCENT was charged with first-degree money laundering, N.J.S.A. 2C:21-25b(2)a; second-degree theft, N.J.S.A. 2C:20-3a; and second-degree theft by deception, N.J.S.A. 2C:20-4b. VINCENT was remanded to the Bergen County Jail pending his first appearance in Central Judicial Processing Court in Hackensack, NJ.

Prosecutor Musella states that the charges are merely accusations, and that the defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt. He would also like to thank the Oakland Police Department for its assistance in this investigation.