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Contractor Used $75K Downpayment To Gamble In AC, Buy Boat, Bogus Rolex: Prosecutor
A 51-year-old contractor from South Jersey has been arrested for taking nearly $75,000 for a construction project then blowing it in Atlantic City, a new boat and a new car, authorities said.
An investigation into Richard A. Smith Jr., of Williamstown, began in December 2021, after a Riverton resident told police that Smith, who owns Beyond Renovations LLC, took two payments for wok on an addition, Burlington County Prosecutor Scott Coffina and Riverton Police Chief John Shaw said.
Instead of doing the work, Smith used the money to visit Atlantic City casinos to play in a poker tournament, …