Update Reitenauer was arrested Wednesday July 15, 2009

_____________________________________________
From: Harris Bruce W (DSP)
Sent: Thursday, July 16, 2009 11:39 AM
Subject: Embezzlement Investigation

State of Delaware
Department of Safety and Homeland Security
DIVISION OF STATE POLICE
Superintendent Robert M. Coupe
www.dsp.delaware.gov

Contact: Cpl/3 Bruce Harris - Public Information Office

Millsboro Woman Faces Embezzlement Charges
Released Thursday July 16, 2009

Victim: Harvard Business Services Inc
Coastal Hwy Lewes, Delaware

Def: Deborah N. Reitenauer-59
34000 block Stem St.
Millsboro, Delaware

Charges: 5 Counts of Theft
12 Counts of Falsifying Business Records

Bail Info: $2000.00 secured Baylor Women’s Correctional

Embezzlement Summary:

Following a 3 month investigation into embezzlement claims Delaware State Police have arrested Deborah N. Reitenauer-59 of Millsboro for appropriating over $100,000 from a company she has been employed with since 2003. Reitenauer is the head of Franchise Tax department for Harvard Business Services Inc. Lewes.

Reitenauer’s duties included collecting the franchise tax money from various companies. Harvard Business Services provides services to over 30,000 companies all over the world who are incorporated in Delaware. Harvard Business is paid a fee for their services and the remaining amount would be sent to the Secretary of State. Reitenauer would send a check to the State of Delaware however she would manipulate the numbers, and show that the companies owed taxes at a lower rate thus keeping portions of the payment. Reitenauer also deposited over 300 checks into her personal account during this time period, which resulted in the embezzlement of over $109,000 dollars.

Delaware State Police are currently continuing their investigation after searching Reitenauer’s residence and recovering computers for additional analysis.

Reitenauer was remanded to Baylor Women’s Corrections after failing to post $2000.00 secured bond.