WHITE PLAINS, N.Y. -- A grand jury has indicted Gregg Pierleoni, a former Chief Financial Officer of a Westchester-based moving company, on mail and wire fraud charges after he allegedly embezzled $5.7 million over a six-year period while working for the company, law enforcement officials said.
According to a U.S. District Attorney release, Pierleoni moved funds from Larchmont's Collins Brothers Moving Corp.'s operating account to other accounts held by the moving company and a related entity. He then wrote checks from those other accounts to pay his personal American Express bills, the news release said.
He used the funds he embezzled to pay for collectible items, sports memorabilia, airline tickets and other travel expenses, artwork, tickets to sporting events and meals in restaurants, the district attorney said.
Pierleoni, 59, of New Fairfield, Conn., faces maximum sentences of 20 years imprisonment on the mail fraud count and 20 years imprisonment on the wire fraud count.
- 1 Snow Could Return To White Plains For Monday Morning Commute
- 2 Slick Westchester Roadways Result In Numerous Accidents
- 3 TV Show Interview With Daughters Of SUV Driver In Fatal Crash Postponed
- 4 Chance Of Snow, Wind Chills In 20s Await White Plains Saturday
- 5 White Plains Could See Another Round Of Snow Saturday