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Marty Clarke

Feds: NJ Steel Drum Company Owner Admits Conning MD Manufacturer Out Of $20M Feds: NJ Steel Drum Company Owner Admits Conning MD Manufacturer Out Of $20M
Feds: NJ Steel Drum Company Owner Admits Conning MD Manufacturer Out Of $20M The owner of a New Jersey-based steel drum wholesaler admitted he conned a Maryland-based manufacturer out of nearly $20 million, federal authorities said. Anthony P. Urcioli, Sr., 78, of Park Ridge, conspired with an employee of a New York company to produce bogus invoices for more drums than his Tunnel, Barrel & Drum Co, Inc. had delivered to the company's facility in Harford County, MD, U.S. Attorney for Maryland Erek L. Barron said. Urcioli, who's TBD's owner and president, split the excess funds he received with the employee -- who, in turn, gave 25% to a co-worker, Barron said.  …