Green Lane woman charged with stealing $600,000 from employer tells boss, ‘You can have my whole 401(k)’

Oct. 30--Authorities say a Green Lane woman stole more than $600,000 from her Montgomery County employer over several years and used the money to pay for wedding vendors, food and utility bills.

Carol Snyder, 58, of the 600 block of Macoby Avenue, is charged with theft by unlawful taking, receiving stolen property, failing to make required dispositions, dealing in proceeds of unlawful activity, forgery and related charges. Snyder is in county jail under $200,000 bail.

Investigators say that for 20 years, Snyder worked as the office administrator for Hardy Machine LLC in Hatfield Township. William Hardy, owner of the company, was alerted in September to an overdue balance on a credit card that police say he believed had been inactive for several years.

An investigation by police revealed that Snyder, who was solely responsible for payroll and managing the company's finances, made more than 1,700 unauthorized purchases dating from 2012 through August.

"Records indicate that Snyder wrote unauthorized checks related to wedding vendors for two of her daughters, insurance companies, utility companies and other utilities," according to a news release detailing the investigation.

Police say Snyder also forged 24 checks with Hardy's signature.

When asked about the purchases, Snyder told Hardy "she shouldn't have done it" and "you can have my whole 401(k), I don't want to go to jail," according to court records.

Morning Call reporter Pamela Lehman can be reached at 610-820-6790 or [email protected].

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