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55°
Saturday, jun 1
Tag:
Matthew O’Callaghan
Police & Fire
FBI: NJ Swindler Lived High Life Conning Corporations Out Of Millions
The FBI on Thursday arrested an accused con man from Upper Saddle River who authorities said cunningly duped lenders and corporations of out millions of dollars that funded a lavish lifestyle. Matthew O’Callaghan, 43, “impersonated two bank executives interested in funding syndicated loans for global companies,” U.S. Attorney Craig Carpenito said. Referring to himself as bank executives “Edward Tierney” and “Michael Nash,” O’Callaghan induced the victims into making trades in which they agreed to pay a bank to take on a commitment to fund revolving credit facilities, Carpenito said. He “su…