WARWICK, R.I. (WPRI) — A Warwick man has been arrested and charged with embezzlement, Colonel Steven O’Donnell of the Rhode Island State Police announced on Tuesday.
Paul Roderick, age 44, of Red Chimney Drive, was arrested on Monday and charged with embezzlement over $100.
An investigation by the State Police Financial Crimes Unit was prompted after a complaint was received from the president of United States Associated, LLC. According to a statement, the president of the company alleged that Roderick was stealing and selling company inventory and then keeping the money for himself.
A further investigation showed that the company was developing a specific amount of inventory but was only shipping a portion of it.
One customer who had been receiving shipments told detectives he had been purchasing from Roderick and was making payments to his personal address.
A court-authorized search warrant executed for Roderick’s personal bank account showed 88 checks, a total of $142,114.31.
Roderick was arraigned and then released on $5,000 personal recognizance.