Passaic County Prosecutor Camelia M. Valdes announces the arrest of Nancy Williams, 64, of Hawthorne. Williams was arrested by members of the Financial Crimes Unit of the Passaic County Prosecutors Office.
According to Prosecutor Valdes, Williams is charged with Theft by Unlawful Taking, Theft by Deception, Misapplication of Entrusted Property and Money Laundering.
Prosecutor Valdes said that the charges arise out of Nancy Williams’ administration of an estate as an Executor. Williams was responsible for distributing the assets of the estate to the beneficiary.
According to Prosecutor Valdes, instead, Williams illegally took the assets of the estate and converted the assets to her own use.
Between August of 2016 and August 2018 Williams used over $75,000.00 in estate funds to pay for her personal expenses, credit card bills and entertainment expenses, Prosecutor Valdes said.
The defendant was charged on a summons and has been released pending disposition of the charges.