Manhattan District Attorney Alvin L. Bragg Jr. today announced the indictment of MICHAEL COLLINS, 61, for allegedly embezzling nearly $6 million from two companies where he worked as a marketing executive between March 2016 and April 2024. COLLINS is charged in a New York State Supreme Court indictment with one count of Grand Larceny in the First Degree, one count of Grand Larceny in the Second Degree, and six counts of Falsifying Business Records in the First Degree. [1] 

“Michael Collins allegedly used his position as a marketing executive to embezzle nearly $6 million from two of his employers over the course of 8 years. He then allegedly used the stolen money to fund his lavish lifestyle, spending it on executive club memberships, luxury brands, fine dining, and extensive travel,” said District Attorney Bragg. “My office’s Investigation Division will hold accountable those who embezzle money from their employers.” 

According to court documents and statements made on the record, between March 8, 2016, and April 28, 2024, COLLINS embezzled $5,915,712 from two of his employers. First, he stole nearly $5 million while employed as the Chief Marketing Officer of a financial education company. In 2022, COLLINS left that company without the alleged theft being detected, and later became the Chief Marketing and Revenue Officer for an education-technology company, where he allegedly stole nearly $1 million. 

COLLINS allegedly used the same embezzlement scheme at both companies. He created and controlled two fictitious marketing consulting companies, Quattro Quadrati LLC and Regiondrivers LLC, which he incorporated in New York. To make them appear legitimate, he obtained multiple email addresses, phone numbers, websites, and bank accounts for each. COLLINS then used his position as a marketing executive to purportedly hire Quattro Quadrati and Regiondrivers as marketing vendors and consultants and submitted invoices for non-existent work which his employers paid. He allegedly submitted 144 fraudulent invoices to the financial education company and five invoices to the education-technology company. 

To hide the alleged theft, COLLINS created presidents and employees of the Quattro Quadrati and Regiondrivers and registered email accounts to those names. He corresponded with those fictitious email addresses and forwarded those conversations to other employees at his workplaces, in some instances forwarding invoices for payment as well. COLLINS also asked the service he used to incorporate Quattro Quadrati and Regiondrivers if his identity could be “shielded or masked from anyone looking at the two entities through online services or research.” 

COLLINS allegedly transferred the funds from the Quattro Quadrati LLC and Regiondrivers LLC bank accounts directly to his personal bank accounts and used the stolen funds for executive club memberships, luxury brands, fine dining, and extensive travel and lodging, including over 150 flight tickets purchased during this period. He also used the stolen funds to pay for a $150,000 engagement ring from a boutique jewelry store purchased directly from a Quattro Quadrati bank account. 

Assistant D.A. Michael Luongo (Financial Frauds Bureau) is handling the prosecution of this case under the supervision of Assistant D.A.s Hope Korenstein (Deputy Chief of the Financial Frauds Bureau) and Kofi Sansculotte (Chief of the Financial Frauds Bureau) and Executive Assistant D.A. Jodie Kane (Chief of the Investigation Division). Paralegals Jacob Sowers and Bailey Hanson are providing valuable assistance in this case. 

Principal Financial Investigator Loretta Mapp also provided valuable assistance in the investigation under the supervision of Irene Serrapica, Principal Deputy Bureau Chief of the Financial Investigations Unit, and Robert Demarest, Chief of the Forensic Accounting and Financial Investigations Unit. Rackets Investigator Kyle Breen and Supervising Rackets Investigator Ryan Lemon also provided assistance with the investigation. 

Defendant Information: 

MICHAEL COLLINS 

New York, NY 

Charged:

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

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[1] The charges contained in the indictment are merely allegations and the defendant is 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.