Business gets part of embezzled money back - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Business gets part of embezzled money back


A local business that was the victim of a million-dollar embezzlement scheme has finally gotten some of its money back and the company's owner is thanking Fox Undercover for it.

Superior Drywall in Westport lost more than a million dollars after an employee embezzled money. It was a huge loss for a small company.

Gace Oliver pleaded guilty in 2007 to embezzling the money by writing hundreds of company checks to herself and was sentenced to 46 months in prison.

As part of her plea agreement, she agreed to forfeit to the government three homes, six vehicles and more than $100,000 in cash.

It was cash and assets that Joseph Moniz, an owner of Superior Drywall, could have used to keep people employed at his company. But instead of returning the forfeited assets, the government made Moniz wait and wait.

Moniz kept waiting for the money for nearly three years until Fox Undercover aired a story about the delay.

Moniz says that finally got the wheels of justice moving and he recently received a check for more than $445,000 in the mail.

Moniz says he's still missing nearly $700,000 that nobody has been able to find. He's not very hopeful he'll ever get it back.

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