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New Jersey Division of Taxation

Police & Fire
Ex-NJ Corrections Officer's Crypto Scam Targeted Police, Firefighters, EMTs: Authorities Ex-NJ Corrections Officer's Crypto Scam Targeted Police, Firefighters, EMTs: Authorities
Ex-NJ Corrections Officer's Crypto Scam Targeted Police, Firefighters, EMTs: Authorities A retired New Jersey corrections lieutenant preyed on his peers with a cryptocurrency scheme that cost participating police, firefighters, EMTs, and other first responders more than $620,000, state and federal authorities said. John DeSalvo, 47, of Linwood, also pulled a $100,000 investment scam that authorities said went to covering his credit card bills, day trading in cryptocurrencies and payments to a contractor who handled a luxury bathroom renovation for him. DeSalvo -- who worked for the New Jersey Department of Corrections for 13 years before retiring in 2010 -- created and promote…

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by Jerry DeMarco
Business
South Jersey Accountant, 80, Sentenced For Embezzling $2.5M From Employer, Prosecutor Says South Jersey Accountant, 80, Sentenced For Embezzling $2.5M From Employer, Prosecutor Says
South Jersey Accountant, 80, Sentenced For Embezzling $2.5M From Employer, Prosecutor Says An 80-year-old accountant from Burlington County is going to state prison for allegedly stealing more than $2.5 million from his employer, authorities said. Charles Esposito of Hainesport was sentenced to five years in prison for embezzling millions of dollars over a 14-year period, according to Burlington County Prosecutor Scott Coffina. The octogenarian was working as an accounting manager in Moorestown, NJ, when the alleged thefts occurred, Coffina said. The alleged thefts were uncovered by Oldcastle BuildingEnvelope Inc., which has offices and production plants in o…

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by Jon Craig