Monmouth Accountant Arrested For Swindling $385K
A Middlesex County gentleman with an Englishtown-centered accounting business has been arrested for stealing tax payments from a wholesale distributor, authorities claimed.
William A. Berry of South Plainfield was charged with theft by failure to make essential disposition, Monmouth County Prosecutor Christopher J. Gramiccioni.
The victims, former New Jersey residents, have a multi-million-greenback wholesale distribution organization that specializes in holiday décor. The wholesaler is presently based in Charleston, South Carolina, Gramiccioni claimed.
Berry was arrested on Tuesday with aid from the Englishtown Police Section, Gramiccioni claimed.
Berry, who turns 49 future 7 days, owns William Berry & Associates, an accounting and tax preparing enterprise.
If convicted, Berry faces up to 10 years in state prison, in accordance to the prosecutor.
An investigation discovered Berry stole about $385,000 for his personalized use between March 2017 and July 2019, the prosecutor claimed.
Berry received funds from the victims’ private and company banking accounts in purchase to pay back their federal and point out quarterly taxes, according to Gramiccioni.
But Berry unsuccessful to ship tax payments to the proper tax amassing authorities, the prosecutor stated.
An legal professional for the victims contacted Gramiccioni’s workplace very last December, he explained. The scenario is currently being handled by Monmouth County Assistant Prosecutor Kristen Anastos.
Click listed here to indication up for Daily Voice’s cost-free day by day e-mail and information alerts.