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Fraud and Corruption

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Wyckoff Exec Gets 12-Month Fed Sentence For Taking $350,000 In Bribes From Scrap Metal Company Wyckoff Exec Gets 12-Month Fed Sentence For Taking $350,000 In Bribes From Scrap Metal Company
Wyckoff Exec Gets 12-Month Fed Sentence For Taking $350,000 In Bribes From Scrap Metal Company A former national demolition company senior vice president from Wyckoff was sentenced Wednesday to six months in federal prison and six months of home confinement for taking $341,052 in payoffs from a scrap metal company. A judge in U.S. District Court in Newark also ordered that Frank Aiello, 54, pay full restitution. Aiello worked as a senior vice president at an unnamed demolition and remediation services company with offices in New Jersey and throughout the United States, U.S. Attorney Craig Carpenito said. He accepted “gifts, payments and other things of value” from two brothers who c…

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by Jerry DeMarco