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Ramsey Man Admits Embezzling $516,000 From Ridgefield Park Security Firm
A Ramsey man who worked at a Ridgefield Park security systems firm told a federal judge that he and an accomplice diverted $516,000 of the company’s money to spend on themselves.
Joseph Spaccavento, 41, was an accounts payable manager and assistant controller at the firm, which developed hardware and software for video surveillance, federal authorities said.
His accomplice, Melissa Corso, coordinated the collection of customer payments and applied them to invoices, they said.
For more than 5 ½ years, the two diverted customer payments to themselves, Spaccavento admitted during a videoconfe…