New Jersey Criminal Defense Blog

A 37-year-old Manchester man has admitted to stealing $880K over a four-year timeframe from a Carteret trucking and warehousing company. According to an nj.com article, the man pleaded guilty in New Brunswick to one count of second-degree theft. The man worked for the company as a computer technician for seven years. In being arrested earlier this year, the man had not yet been indicted. Since he pleaded guilty, the man gave up his right to a grand jury proceeding.

Apparently, the man entered his plea on November 17, 2009 and the Superior Court Judge addressing his case set the man’s sentencing date for February 22, 2010. In negotiating a plea agreement, the accused man faces a sentence of seven years in state prison. He will also have to reimburse FMI Inc. approximately $126,600 to cover its losses because he used a company credit card for personal expenses amounting to $150,880.97. Furthermore, the man is also charged with buying computer equipment worth $729,550.57, re-selling the materials, and keeping the profits for himself.

Although the man in this particular case pleaded guilty to the charges against him, doing so is not applicable in every criminal case. It is advisable for anyone considering entering a plea agreement for a white collar crime to first speak with a skilled New Jersey white collar crime attorney. White collar crimes in New Jersey are very serious offenses that may pertain to the following:

• Extortion


• Credit card fraud


• Money laundering


• Forgery


• Embezzlement


• Perjury


• Internet fraud