“Theft of any kind can be devastating to a company,” Burlington County Prosecutor Scott Coffina said in a statement. Remy said Esposito had already paid back a substantial amount of his restitution.Įsposito’s attorney, Michael Mormando, said Esposito has no prior criminal history, served in the Navy, has close ties to the community, and acted the way he did because of depression.Ī remorseful Esposito told the judge: “I’m truly, truly sorry for what I did to a company” that employed him for 45 years. You say, ‘Listen, this isn’t the place for me,’ and you walk away.”
“You don’t steal from the company in that way.
“Certainly, because you disagree with the company’s practices, you don’t burn the company down,” the prosecutor said. The prosecutor said Esposito was upset with some of the company’s policies, including a recent downsizing. ”This was a long-term deception and the amount, certainly, is staggering,” Assistant Prosecutor Joseph Remy said at Esposito’s sentencing hearing. In all, Esposito was able to divert $2,537,655 for his personal gain through 243 fraudulent transactions between 2005 and April 2019 by circumventing the company’s check-issuance procedures, authorities said. Officials at the company began to investigate Esposito in April 2019 after concerns were raised about a handwritten check for $18,500 that had been signed by him and had another signature that appeared to have been forged, the Prosecutor’s Office said.
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Garrenger after pleading guilty last year to theft by deception and failure to pay income taxes on his unlawful earnings. Popular Business - Oldcastle Building Envelope Business Information - Oldcastle Building Envelope Company Oldcastle Building Envelope Address 1611 Se Commerce Avenue, Battle Ground, WA 98604 Contact Bruce Steffens, Manager Phone 3608167777 Web Location Branch Type BOTH Revenue 50.000.000 to 99.999.999 NAICS CODE 423390. He was sentenced before Superior Court Judge Christopher J. Oldcastle BuildingEnvelope Overview Headquarters: Dallas, TX Size: 5001 to 10000 Employees Founded: 1989 Type: Company - Private Revenue: 1 to 2 billion. From apartments in New York to office buildings in Toronto to stadiums in Dallas and universities in Atlanta our teams contribute to the projects that. An 80-year-old South Jersey man who admitted stealing $2.5 million from his former employer has been sentenced to five years in state prison, the Burlington County Prosecutor’s Office said.Ĭharles Esposito, of Hainesport, had worked as an accounting manager for Oldcastle BuildingEnvelope of Moorestown. Revenue: 1 to 2 billion (USD) At Oldcastle BuildingEnvelope, we believe the work of our employees truly matters.