The 57-year-old Freehold Township man faces up to 6 years in prison
FREEHOLD — The former volunteer treasurer of a youth soccer league admitted Monday he stole more than $400,000 from the organization.
Anthony Gallo, 57, of Freehold Township, pleaded guilty to second-degree theft and faces up to six years in prison when is sentenced Jan. 19, the Monmouth County Prosecutor’s Office said in a statement.
Ex-PTA treasurer admits stealing more than $15K
Gallo wrote more than $300,000 in checks to himself and his company, Beacon Financial Services, from the account of the Freehold Soccer League. He also made about $120,00 in unauthorized ATM withdrawals.
Gallo used about $25,000 for personal expenses — including $12,000 for his wireless phone bills and thousands more for restaurant meals, shopping and at a Honda dealership.
Gallo later deposited nearly $120,000 back into the account in an effort to avoid being caught, prosecutors said. He now will have to pay about $280,000 in restitution.
The thefts took place from 2012 to 2016.
Gallo was arrested after the league president learned that uniforms had not been paid for and that money was missing from the organization’s bank account.
He was charged in March and indicted in September.
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Source:: New Jersey Real -Time News