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South Jersey Man Indicted For Embezzling $200K From Philadelphia High Tech Firm, Feds Say South Jersey Man Indicted For Embezzling $200K From Philadelphia High Tech Firm, Feds Say
South Jersey Man Indicted For Embezzling $200K From Philadelphia High Tech Firm, Feds Say A 54-year-old Atlantic County man has been indicted in a long-running securities fraud scheme, federal authorities said. Joseph Geromini of Linwood, NJ, allegedly embezzled hundreds of thousands of dollars from his former employer, a Philadelphia-based technology start-up, according to a grand jury indictment. A separate but related complaint by the U.S. Securities and Exchange Commission accuses the former chief operating officer of spending much of the embezzled money on lavish personal expenses, including: buying a Land Rover, leasing a summer home on Nantucket Island,  buying Philade…

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by Jon Craig