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Tag: Financial Crimes Unit
Teaneck Woman Assumes Dead Brother's ID To Get $20G In Social Security, Authorities Charge
A home health care worker from Teaneck assumed her dead brother’s identity to collect more than $20,000 in Social Security disability money, authorities charged.
Wanda Lynn Sermon, 55, “failed to notify the Social Security Administration of her brother’s death and instead assumed control of his bank account,” Bergen County Prosecutor Mark Musella said Wednesday.
For the next 16 months, Musella said, Sermon “continued to access Social Security disability benefit funds intended for [him],” pocketing $20,438 in the process.
Detectives from his Financial Crimes Unit began investigating this su…
Passaic County Executor Charged With Pocketing $75,000
An estate executor from Passaic County diverted $75,000 for her own entertainment, to pay credit card bills and for other personal purposes, authorities charged.
Nancy Williams, 64, “was responsible for distributing the assets of the estate to the beneficiary,” Passaic County Prosecutor Camelia M. Valdes said.
“Instead, Williams illegally took the assets of the estate and converted the assets to her own use” for two years, beginning in August 2016, Valdes said.
Members of her Financial Crimes Unit charged Williams with theft by unlawful taking, theft by deception, misapplication of entrust…
Bookkeeper Charged With Embezzling $75,000 From Passaic County Tile, Grout Company
The bookkeeper at a Passaic County tile and grout company embezzled more than $75,000 from her employer, authorities charged.
Yvette Tripicchio, 47, of Hawthorne, was charged with two counts of theft in an indictment returned by a grand jury in Paterson, Passaic County Prosecutor Camelia M. Valdes said.
Tripicchio deposited checks from GSD Industries in Pompton Lakes into her personal bank accounts, then “tampered with company records in an attempt to hide the theft,” the prosecutor said.
Valdes didn't disclose the suspected motive.
Records show Tripicchio had taken a job as a lunch…
Bergen Prosecutor: Feds Capture Parolee In $500,000 Ponzi Scheme
U.S. Marshals captured an ex-con who ran a Ponzi scheme while on federal probation that swindled a Fort Lee investor, among others, out of more than $500,000, authorities said.
Giuseppe Valentino, 52, “solicited multiple investors in his company, Rhineau LLC, by representing that he had developed a proprietary algorithm for the execution of binary options,” Bergen County Prosecutor Mark Musella said Wednesday.
A judge issued a warrant for Valentino’s arrest in March after Financial Crimes Unit detectives found that he’d collected a half-million dollars that he used for himself without inves…
