A federal grand jury indictment accuses Michael Boyce of laundering more than $6.5 million in the scheme.
Boyce is additionally charged with false statement and tax evasion, and could face up to 55 years in prison.
The indictment alleges that while Boyce was working in the IT department at a New Castle County warehouse, he submitted fraudulent purchase orders.
Based on forged documentation, the victim company paid out more than $6.5 million to two supply companies which, in turn, gave most of the money back to Boyce.
Boyce is also alleged to have omitted about $1.4 million of illegal income on his taxes, and falsely claiming some of the unlawful money as legitimate income.
In a statement, Acting U.S. Attorney for the District of Delaware David Weiss said his office remains committed to “prosecuting those who betray not only the private trust of their employer, but also defraud the United States government.”