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Assistant United States Attorney Michael T. Donovan

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Feds: Philadelphia Market CEO Stole $7.8M From Job To Pay For Pricy Jersey Shore House Feds: Philadelphia Market CEO Stole $7.8M From Job To Pay For Pricy Jersey Shore House
Feds: Philadelphia Market CEO Stole $7.8M From Job To Pay For Pricy Jersey Shore House The former president and CEO of Philadelphia Wholesale Produce Market is facing federal charges for stealing $7.8 million from his employer to pay for various personal expenses including $1.9 million in rent on his Jersey Shore house, authorities said. The Information alleges that Caesar DiCrecchio, 60, of Vorhees, NJ, had control over every aspect of the Market, including the expenditure of funds, and was required to report on the Market’s finances to its Board of Directors, according to Acting United States Attorney Jennifer Arbittier Williams. DiCrecchio defrauded the mark…

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by Nicole Acosta