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Monday, nov 18
Tag:
Accountant
Police & Fire
Accountant Busted Boarding Plane At Newark Airport Admits Stealing $3.5M From Clients: Feds
A Massachusetts money manager who police arrested last month at Newark International Airport trying to escape prosecution admitted to stealing $3.5 million from his clients, including the entire life savings of an elderly couple, federal authorities said. Steven Xigoros, 55, pleaded guilty in a Boston court this week to two counts of wire fraud, one count of aggravated identity theft, and one count of filing a false tax return, the US Attorney for Massachusetts said. Xigoros worked as an accountant, tax preparer, and investment advisor who federal investigators said used th…
Police & Fire
Morris County Accountant Defrauded Victim Out Of $3,100, Police Say
A Morris County accountant has been charged after police say he defrauded a victim out of $3,100. The victim told Washington Township Police that the accountant was hired to help the victim file a tax amendment in July 2021, authorities said. The victim gave the accountant the amendment fee of $3,100 but after following up learned that the accountant never filed the amendment and instead pocketed the money, police say. The accountant — a Long Valley man whose name was not released — was charged with theft by deception and is scheduled to appear in Morris County Superior Court.