A New Jersey employee who ran the company’s corporate credit card program for a nationwide hotel chain admitted embezzling $300,000, federal authorities said.Marco Alvarez, 46, of Bloomfield, admitted that he “knowingly opened and used cor…
A Brooklyn company admitted that it illegally made a killing off a New Jersey grocery store chain by selling it COVID masks during the pandemic at a 400% markup, federal authorities said.Milk & Honey Ventures and two partners bought 25…
A Middlesex County man today admitted his role in a scheme to defraud lenders and the Small Business Administration (SBA) by fraudulently obtaining approximately $1.6 million in federal Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans (EIDL), U.S. Attorney Philip R. Sellinger announced. According to officials, Jordan C. Larkins, 32, of Edison, pleaded guilty before U.S. District Judge Zahid N. Qurashi by videoconference to an information charging him with one count of wire fraud, one count of bank fraud, and one count of money laundering.