The owner of a bulk mail company admitted today that he cost customers $4.5 million in losses for deliveries never made. Arthur Marino, 61, of Englewood, pleaded guilty in federal court in Newark to running the large-scale wire fraud for seven years through New Tech Direct, Inc.
Carlsltadt-based New Tech, which at one time employed more than 50 people, contracted with clients to accept large mailings, stuff and label the envelopes and deliver them to the post office. Costs includes the amount of postage necessary and a labor fee.
Marino, who founded the Gotham Parkway supply chain in 1989, told a federal judge he dumped the mail and created bogus postal forms to make it look like the work had been done.
“As part of the fraud, a New Tech employee stole a postal stamp, which Marino and others used to make it appear as if the mail had been actually sent to, and approved by, the post office,” said Assistant U.S. Attorney Zach Intrater.
The fraud, which began in 2003 and lasted through 2010, caused over $4.5 million in losses to New Tech’s customers, he said. Some of those customers — including National Hanover Press — are suing Marino and his company in civil court, in an effort to recover the money.
U.S. Attorney Paul J. Fishman credited inspectors with the United States Postal Inspection Service, as well as Intrater, of the Office Economic Crimes Unit, with securing today’s guilty plea.
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