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Matthew O’Callaghan

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Bergen County Con Man Who Lived Large Off $5M Of Victims' Money Gets 51 Months In Fed Pen Bergen County Con Man Who Lived Large Off $5M Of Victims' Money Gets 51 Months In Fed Pen
Bergen County Con Man Who Lived Large Off $5M Of Victims' Money Gets 51 Months In Fed Pen A Bergen County con man bought a new car, joined a private club, gambled big, traveled wide -- and more -- with nearly $5 million that he'd swindled from prospective investors. Now he's headed to federal prison. A U.S. District Court judge in Newark sentenced Matthew O’Callaghan, 43, of Upper Saddle River via videoconference Thursday to a plea-bargained 51 months -- a little over four years -- in a federal penitentiary.O'Callaghan “impersonated two bank executives interested in funding syndicated loans for global companies,” Acting U.S. Attorney Rachael A. Honig said. Referring to…

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by Jerry DeMarco
News
Bergen County Con Artist Admits Funding Lavish Lifestyle With $5M Of Other People’s Money Bergen County Con Artist Admits Funding Lavish Lifestyle With $5M Of Other People’s Money
Bergen County Con Artist Admits Funding Lavish Lifestyle With $5M Of Other People’s Money A Bergen County con man admitted duping lenders and corporations out of nearly $5 million that he used to live the high life. Matthew O’Callaghan, 43, of Upper Saddle River told a federal judge in Newark via video conference that he “impersonated two bank executives interested in funding syndicated loans for global companies,” U.S. Attorney Craig Carpenito said. Referring to himself as “Edward Tierney” and “Michael Nash,” O’Callaghan submitted several bogus documents to the victim while using email addresses that appeared legitimate, false email signature blocks for the aliases that bo…

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by Jerry DeMarco
Police & Fire
FBI: Upper Saddle River Swindler Lived High Life Conning Corporations Out Of Millions FBI: Upper Saddle River Swindler Lived High Life Conning Corporations Out Of Millions
FBI: Upper Saddle River Swindler Lived High Life Conning Corporations Out Of Millions The FBI on Thursday arrested an accused con man from Upper Saddle River who authorities said cunningly duped lenders and corporations of out millions of dollars that funded a lavish lifestyle. Matthew O’Callaghan, 43, “impersonated two bank executives interested in funding syndicated loans for global companies,” U.S. Attorney Craig Carpenito said. Referring to himself as bank executives “Edward Tierney” and “Michael Nash,” O’Callaghan induced the victims into making trades in which they agreed to pay a bank to take on a commitment to fund revolving credit facilities, Carpenito said. He “su…

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by Jerry DeMarco