“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.” Search for jobs related to Oldcastle building envelope door parts or hire on the worlds largest freelancing marketplace with 21m+ jobs. “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. See 1 customer of Oldcastle Building Envelope. Explore trading relationships hidden in supply chain data. 21 shipments (100.0) Easy access to trade data. The prosecutor said Esposito was upset with some of the company’s policies, including a recent downsizing. Top countries/regions supplied by Oldcastle Building Envelope.
”This was a long-term deception and the amount, certainly, is staggering,” Assistant Prosecutor Joseph Remy said at Esposito’s sentencing hearing. From Business: Oldcastle Glass, located in Indianapolis, is one of more than 40 Oldcastle Glass branch offices located throughout the United States and Canada. From ArmorProtec tPlus with 250 times the impact strength of conventional glass to ArmorResis t, our proprietary line of bullet-resistant glazing. 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. At Oldcastle BuildingEnvelope, we offer a comprehensive collection of security glazing products for detention facilities. 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. Garrenger after pleading guilty last year to theft by deception and failure to pay income taxes on his unlawful earnings. He was sentenced before Superior Court Judge Christopher J.
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.
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