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Bookkeeper gets 9-year prison term for stealing more than $500,000 to feed gambling addiction


HACKENSACK, New Jersey — A former bookkeeper who stole more than $500,000 from her employer and lost most of it gambling at casinos is now headed to state prison.

Monica Arencibia received a nine-year sentence Friday. The 51-year-old Dumont woman had pleaded guilty earlier this year to theft by deception,

Bergen County prosecutors say the thefts occurred between September 2010 and June 2014, while Arencibia worked for a flooring company. They say she issued company checks to herself in her name, but made it appear that the money was going to pay vendors who supplied the company's inventory.

Authorities say Arencibia used some of the money for personal debts and other bills, but spent most of the stolen money at various casinos.

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