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ICE, Nypd: 'Money-Sucking' Crew With Bergen, Hudson Members Scammed Elderly 2X
Ten people -- six of them from Bergen and Hudson counties -- were charged by federal authorities with convincing unwitting elderly victims to invest their money in various businesses, pushing them into debt, and then scamming them again with a bogus debt-relief program.
Those charged include two Hillsdale residents, identified as Joseph Ciaccio and Joseph Depaola, both 30; two Elmwood Park residents, identified as Derrek Larkin, 36, and Mattie Cirilo, 28; and one from Washington Township, Joseph Minetto, 32.
Also charged were Anthony Cheedie, 34, of Jersey City, two people from Arizona, ano…
Feds: Teaneck Vending Machine/Jukebox Company Owner Stole $186,000 From Employee Pension Fund
A well-known Teaneck businessman whose vending machine and jukebox company paid five figures earlier this year to settle a copyright suit embezzled $186,000 from his employees’ pension fund, federal prosecutors charged.
Howard Preschel, 62, began skimming the money from a trust fund at CMG Vending Inc. five years ago, U.S. Attorney Craig Carpenito said Friday.
CMG -- which Preschel founded -- operated, leased, and rented vending machines throughout New Jersey and New York, Carpenito said.
“To conceal the ongoing embezzlement, Preschel failed to inform the participants and beneficiaries tha…