Man enters guilty plea in $3 million fraud case
A man in New Jersey recently plead guilty to one charge of mail fraud at a United States District Court in Newark. He operated a trucking and shipping company in Long Valley and admitted to sending fraudulent freight bills to an invoice processing company in Florida. Agents with the Federal Bureau of Investigation headed the inquiry into the alleged violations.
The defendant was charged for sending an invoice for a delivery of insulated containers from one New Jersey-based company to a manufacturer of medical devices and pharmaceuticals that is also based in New Jersey. According to reports, the Florida company processed the invoices for the New Jersey firm. According to reports, the defendant admitted to submitting 1,725 freight bills that totaled more than $3 million. Prosecutors say that more than $120,000 of that sum was used to purchase jewelry. The man's sentencing hearing is scheduled for late July, and he faces up to 20 years of incarceration and a fine of $250,000 for the alleged violation.
While many of the offences may be similar between jurisdictions, federal cases and the process by which they are tried can be very different from proceedings handled at the state level. The process of handling and submitting evidence and sentencing guidelines may vary widely, and a conviction on federal charges could result in serious penalties, such as lengthy incarceration periods and heavy fines.
Those who are charged with federal crimes, such as the man in this fraud case, might benefit from discussing their case with an attorney who is familiar with federal criminal procedure. That attorney might be able to help develop a defense case that seeks an acquittal or mitigated penalties.
Source: NJ.com, "N.J. man pleads guilty in $3M freight billing scam," Thomas Zambito, April 15, 2015