CFO Accused Of Stealing Money From Former Great Neck Company

Great Neck NY

14 June, 2021

3:52 PM

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GREAT NECK, NY — The chief financial officer of a former Great Neck-based company has been accused of embezzling hundreds of thousands of dollars from the business to support his lavish lifestyle. Barry Rosner, 64, was arraigned last week on charges of grand larceny and falsifying business records, according to the Nassau County District Attorney's Office. A spokesperson told Patch the East Rockaway resident faces up to 15 years in prison. He is scheduled back in court Monday, July 12. Rosner was employed as the CFO and controller of Old Dutch Mustard — a family-operated condiments company that has since relocated from Great Neck to New Hampshire. According to prosecutors, Rosner began siphoning company money into his personal bank account soon after the co-founder died in 2015. At first, wire transfers ranged between $2,000 and $4,000. Then, in 2018, he reportedly began stealing about $10,000 or more each month. Officials said Rosner spent the money on golf, a beach cabana, clothing, dining, and credit card bills. The scheme was ultimately uncovered when Old Dutch Mustard hired outside accountants in 2019 and confronted Rosner, who was later terminated, officials added. Anyone who believes they've been a victim of fraud is encouraged to call the district attorney's Financial Crimes Bureau at 516-571-2149.