Site icon THE CHESAPEAKE TODAY

Grocery exec gets three years for cheating employees and scamming company out of event tickets

Spread the love

<p><a href&equals;"https&colon;&sol;&sol;www&period;the-chesapeake&period;com&sol;&sol;wp-content&sol;uploads&sol;2014&sol;03&sol;FRAUD&period;jpg"><img class&equals;"alignleft size-medium wp-image-3287" src&equals;"https&colon;&sol;&sol;www&period;the-chesapeake&period;com&sol;&sol;wp-content&sol;uploads&sol;2014&sol;03&sol;FRAUD-247x300&period;jpg" alt&equals;"FRAUD" width&equals;"247" height&equals;"300" &sol;><br &sol;>&NewLine;<&sol;a><&sol;p>&NewLine;<p>NEWARK&comma; NJ—The former <strong>senior vice president of marketing at A&amp&semi;P&comma;<&sol;strong> a U&period;S&period; supermarket and liquor store chain&comma; was sentenced today to 36 months in prison for his role in a scheme to defraud A&amp&semi;P by selling for personal gain event tickets that were intended for A&amp&semi;P’s use&comma; U&period;S&period; Attorney Paul J&period; Fishman announced&period;<&sol;p>&NewLine;<div id&equals;"parent-fieldname-text" class&equals;"plain">&NewLine;<p><strong>John R&period; Moritz<&sol;strong>&comma; 45&comma; of Mason&comma; Ohio&comma; previously pleaded guilty before U&period;S&period; District Judge Kevin McNulty to an information charging him with one count of wire fraud&period;<&sol;p>&NewLine;<p>According to documents filed in this case and statements made in court&colon;<&sol;p>&NewLine;<p>From December 2010 through December 2011&comma; Moritz worked at A&amp&semi;P&comma; a U&period;S&period; supermarket and liquor store chain headquartered in Montvale&comma; New Jersey&period; He arranged for A&amp&semi;P to purchase thousands of tickets to sporting events&comma; concerts and other shows that were to be used to reward high-performing A&amp&semi;P employees and for other legitimate business purposes&period;<&sol;p>&NewLine;<p>However&comma; Moritz resold more than 7&comma;000 tickets to third parties over the Internet&comma; without A&amp&semi;P’s knowledge or consent&period; Some of these tickets were for the 2011 Super Bowl&comma; the 2011 New York Yankees playoff games and Bon Jovi&comma; Lady Gaga and U2 concerts&period; He admitted that as a result of his conduct he fraudulently obtained &dollar;1&comma;218&comma;192&period;<&sol;p>&NewLine;<p>In addition to the prison term&comma; Judge McNulty sentenced Moritz to three years of supervised release and ordered to pay restitution of &dollar;3&period;2 million&period;<&sol;p>&NewLine;<p>U&period;S&period; Attorney Fishman credited special agents of the FBI in Newark&comma; under the direction of Special Agent in Charge Aaron T&period; Ford&comma; for the investigation leading to today’s guilty plea&period;<&sol;p>&NewLine;<p>The government is represented by Assistant<strong> U&period;S&period; Attorneys Lakshmi Srinivasan Herman<&sol;strong> of the U&period;S&period; Attorney’s Office Economic Crimes Unit in Newark and Evan Weitz of the Asset Forfeiture and Money Laundering Unit&period;<&sol;p>&NewLine;<&sol;div>&NewLine;

Spread the love
Exit mobile version