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Pa man pleads guilty to leading tile fraud ring | News, Sports, Jobs

Dec 10, 2020 U.S. Attorney Justin Herdman announced today that Chad M. Stellato, 47, of Langhorne, Pennsylvania, pleaded guilty to a bill of information charging him with one count of conspiracy to commit wire fraud and six counts of wire fraud. According to court documents, from January of 2013 through January of 2016, Stellato and his co-conspirators devised a scheme to defraud the home improvement store Lowe’s through fraudulent merchandise purchases and returns at Lowe’s store locations in Boardman, Alliance and in other states. To carry out their scheme, Stellato provided the funding for his co-conspirators to visit Lowe’s store locations and purchase large quantities of tile. The co-conspirators would place the boxes of tile in shopping carts and stack similarly packaged but lower-priced boxes of tile on top in order to conceal the higher-priced tile underneath. The co-conspirators would then take the shopping carts to the check-out counter and purchase all the tile, i

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