DA Vance Announces Indictment of Company Insiders for Stealing Thousands of Dollars From Henri Bendel


February 19, 2015

Manhattan District Attorney Cyrus R. Vance, Jr., announced the indictment of three former members of Henri Bendel’s New York Finance team for stealing thousands of dollars from their employer, a luxury accessories company based in Manhattan. BRANDON DETVO, 39, KELLY ROGEL, 32, and SANJAY DAMODAR, 30, are charged in a New York State Supreme Court indictment with one count of Grand Larceny in the Second Degree. DETVO and DAMODAR are additionally charged with multiple counts of Falsifying Business Records in the First Degree.[1]

“The threat by insiders is pervasive and affects every industry, from fashion to finance,” said District Attorney Vance. “As New York Fashion Week draws to a close, bringing hundreds of thousands of visitors and millions of dollars to our City, this case serves as a reminder of the importance of conducting proper due diligence in every industry, especially when hiring and overseeing financial professionals.”

According to the indictment and statements made on the record in court, between April 2013 and February 12, 2014, DETVO, ROGEL, and DAMODAR allegedly stole from Henri Bendel by issuing checks from the company’s PNC Bank account to AIM Financial, a consulting company owned by DETVO and ROGEL. The alleged schemes netted more than $168,000.

Between April 4, 2013 and June 9, 2013, the defendants are alleged to have routed checks totaling approximately $76,300 from Henri Bendel to AIM Financial. DAMODAR, in his role as Accounts Payable Senior Supervisor, allegedly initiated thirteen payments from Henri Bendel to approved vendors without ever receiving invoices from those vendors. Once they were approved by ROGEL, the former Accounting Manager, or DETVO, the former Manager of Financial Planning and Analysis, DAMODAR allegedly changed the payee from the approved vendor to AIM Financial. 

After DAMODAR left the company, from July 26, 2013 to February 7, 2014, DETVO is alleged to have forged invoices from approved vendors to route approximately $92,250 from Henri Bendel to AIM Financial by changing the name of the payee. 

Over the course of the alleged scheme, the defendants are accused of transferring $59,000 to DETVO’s personal bank account, $52,200 to ROGEL’s personal bank account, and $20,000 to DAMODAR’s personal bank account, all from AIM Financial’s accounts. DETVO and ROGEL are additionally alleged to have made $11,500 in purchases and transactions using debit cards connected with the AIM Financial account.

Assistant District Attorney Jaime Hickey-Mendoza is handling the prosecution of the case under the supervision of Assistant District Attorneys Gloria Garcia, Deputy Chief of the Financial Frauds Bureau; Archana Rao, Principal Deputy Chief of the Financial Frauds Bureau; and Michael Sachs, Chief of the Financial Frauds Bureau, and Executive Assistant District Attorney David Szuchman, Chief of the Investigation Division. Rackets Investigator Andrew Lee and Investigative Analyst Anne McGrath assisted with the investigation. 

[1] The charges contained in the indictment are merely allegations, and the defendants are presumed innocent unless and until proven guilty. All factual recitations are derived from documents filed in court and statements made on the record in court.

Defendant Information:

BRANDON DETVO, D.O.B. 6/16/1975
Las Vegas, NV

Charges:

  • Grand Larceny in the Second Degree, a class C felony, one count
  • Falsifying Business Records in the First Degree, a class E felony, 9 counts

SANJAY DAMODAR, D.O.B. 3/1/1984
Garfield, NJ

Charges: 

  • Grand Larceny in the Second Degree, a class C felony, one count
  • Falsifying Business Records in the First Degree, a class E felony, 6 counts

KELLY ROGEL, D.O.B. 10/15/1982
Cedar Grove, NJ

Charges: 

  • Grand Larceny in the Second Degree, a class C felony, one count