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Carteret Company $880K Theft Case Unfolds

By Lependorf & Silverstein

A 37-year-old Manchester man has admitted to stealing $880K over a four-year timeframe from a Carteret trucking and warehousing company. According to an nj.com article, the man pleaded guilty in New Brunswick to one count of second-degree theft. The man worked for the company as a computer technician for seven years. In being arrested earlier this year, the man had not yet been indicted. Since he pleaded guilty, the man gave up his right to a grand jury proceeding. Apparently, the man entered his plea on November 17, 2009 and the Superior Court Judge addressing his case set the man?s sentencing date for February 22, 2010. In negotiating a plea agreement, the accused man faces a sentence of seven years in state prison. He will also have to reimburse FMI Inc...continue to full post

Full post as published by New Jersey Criminal Defense Blog on December 08, 2009 (boomark / email).