Drizzle Fog/Mist 45°
Tag:

IRS-Criminal Investigations

News
Ex-Newark Housing IT Chief Admits Privately Reselling $600G Worth Of Authority Cellphones, Tabs Ex-Newark Housing IT Chief Admits Privately Reselling $600G Worth Of Authority Cellphones, Tabs
Ex-Newark Housing IT Chief Admits Privately Reselling $600G Worth Of Authority Cellphones, Tabs A former IT director at the Newark Housing Authority admitted buying and then reselling cellphones and tablets with $600,000 in embezzled funds over the course of eight years, federal authorities said. Venancio Diaz, 56, of Jersey City, bought 1,509 devices in all that he activated on the NHA's account for days -- or at most weeks -- beginning back in 2013, U.S. Attorney Philip R. Sellinger said. "After the brief period of activation ended, Diaz posed as the owner of the devices and sold them to two different online electronics resale marketplaces," Sellinger said. Then he kept the money. …

SHARE

by Jerry DeMarco
News
Feds: NJ Ex-Con Who Served Time For Scamming Charities Charged With $1.35M Investor Ripoff Feds: NJ Ex-Con Who Served Time For Scamming Charities Charged With $1.35M Investor Ripoff
Feds: NJ Ex-Con Who Served Time For Scamming Charities Charged With $1.35M Investor Ripoff A compulsive gambler from Passaic County who went to federal prison for three years for ripping off organizations that benefit schoolchildren and people with life-threatening illnesses went right back to scamming after he got out, federal authorities charged. This time, Gregory Ciccone, 43, of Woodland Park orchestrated a scheme that defrauded investors of $1.35 million, much of which he used to buy a $54,330 BMW, clothes, wine and more, Acting U.S. Attorney Rachael A. Honig said. Ciccone told the 22 victims that he operated companies that reserved blocks of rooms of luxury hotels that then…

SHARE

by Jerry DeMarco
News
NYC Restaurant Owner Who Ducked Taxes, Bought Luxury Cars And More Gets 2 Years In Fed Pen NYC Restaurant Owner Who Ducked Taxes, Bought Luxury Cars And More Gets 2 Years In Fed Pen
NYC Restaurant Owner Who Ducked Taxes, Bought Luxury Cars And More Gets 2 Years In Fed Pen A New York City restaurateur must spend the next two years in federal prison for evading $771,195 in taxes. Adel Kellel, 63, of New Hyde Park, “cooked his books to conceal income” from state and federal authorities that was generated by Raffles Bistro in the Lexington Hotel in East Midtown, Acting Southern District of New York U.S. Attorney Audrey Strauss said following his sentencing in downtown Manhattan. He used the diverted money to buy vehicles from Mercedes, Porsche and Maserati, to patronize luxury retailers such as Hugo Boss and Saks Fifth Avenue, to travel domestically and interna…

SHARE

by Jerry DeMarco