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Nationwide Hotel Chain's Corporate Credit Chief From NJ Admits Embezzling $300,000
A New Jersey employee who ran the company’s corporate credit card program for a nationwide hotel chain admitted embezzling $300,000, federal authorities said.
Marco Alvarez, 46, of Bloomfield, admitted that he “knowingly opened and used corporate credit cards to make $317,582 in unauthorized personal purchases” from April 2014 through January 2020, U.S. Attorney Philip R. Sellinger said.
Alvarez, who worked as a senior analyst for strategic sourcing, tried to hide the thefts by “transferring credits owed to the hotel to these credit cards to offset the unauthorized charges made,” Sellinger …
Morristown Gets First New Hotel In Four Decades
Construction will begin within the next six months on the Cambria Hotel and Suites -- Morristown's first new hotel in 40 years, reports say.
Property owner Sunstone Hotels Morristown, LLC, was approved last week for construction at the location between Bank and Market Streets, DailyRecord reports.
The Cambria Hotel and Suites, described as a “boutique hotel,” features 114 guest rooms, valet parking, a fitness center, a 2,500-square-foot restaurant and lounge as well as ground-level retail space.
The seven-story project will also have 1,500 square feet of conference rooms in addition…
