Former Delaware River Waterfront Corp. bookkeeper stole $2.6 million, feds say

A New Jersey woman and former accounting administrator for the nonprofit Delaware River Waterfront Corp. was indicted Tuesday on fraud charges and related offenses for the alleged theft of approximately $2.6 million, federal prosecutors said.

Angela DiPietro-Sabatine, 57, of Pennsauken, is accused of carrying out the scheme from DRWC's Philadelphia offices over a period of at least seven years. She allegedly used the stolen funds on personal expenses, gambling and luxury vacations.

DRWC, a quasi-governmental agency, leads the design, development and management of Philadelphia's Delaware River waterfront from Oregon to Allegheny avenues. The nonprofit plays a key function in building partnerships for public amenities such as Spruce Street Harbor Park and activities at Penn's Landing, as well as selecting developers for long-term redevelopment on the riverfront.

DiPietro-Sabatine was fired by DRWC in 2019 after more than 20 years with the organization. Her duties had included managing accounts payable and receivable, bank reconciliations and general ledger work.

Read more: https://www.phillyvoice.com/delaware-river-waterfront-corp-philadelphia-drwc-theft-bookkeeper-charged/