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Antonio P. Signo

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Five From NJ Admit Pocketing $1.3M In Aircraft Equipment Scam Five From NJ Admit Pocketing $1.3M In Aircraft Equipment Scam
Five From NJ Admit Pocketing $1.3M In Aircraft Equipment Scam A crew of con artists from New Jersey admitted swindling more than $1.3 million from hundreds of businesses nationwide and abroad that thought they were buying specialized aviation equipment. The head of the operation, Antonio P. Signo, 36, of Somerset – aka "Tony Demetro" – had been the first to take a deal from prosecutors rather than face the potential consequences of a trial. The onetime fugitive pleaded guilty last August -- with no public notice from authorities – to a single count of theft by deception, New Jersey Attorney General Matthew J. Platkin revealed on Thursday, May 25. The…

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by Jerry DeMarco
News
Five From NJ Charged With Pocketing More Than $1M From Aircraft Equipment Scam Five From NJ Charged With Pocketing More Than $1M From Aircraft Equipment Scam
Five From NJ Charged With Pocketing More Than $1M From Aircraft Equipment Scam A crew of con artists from New Jersey swindled more than $1 million from businesses nationwide that thought they were buying aircraft equipment and replacement parts, state authorities charged. For five years, the thieves cut deals online for the purported sale of specialized equipment, including airline ground support parts and hydraulic jacks, Acting New Jersey Attorney General Matthew J. Platkin said. As soon as the payments arrived, members of the crew either made a bunch of cash withdrawals or slid the money into a Somerset County accomplice's account, Platkin said. The buyers got bup…

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by Jerry DeMarco