New Fairfield man charged with mail and wire fraud

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A New Fairfield man who allegedly stole almost $6 million from the New York moving and storage company that employed him as chief financial officer was indicted by a grand jury on Thursday.

Gregg Pierleoni, 59, allegedly spent the money on artwork, sporting events, maid services, Connecticut income taxes and property taxes on his New Fairfield home and Danbury property. He faces a maximum of 40 years in prison if convicted of mail and wire fraud charges.

The indictment accuses Pierleoni with moving more than $5.7 million from the operating account of the privately owned company — which employed him since 1987, but isn’t explicitly named — into other company accounts and a related entity.

He then wrote checks from those other accounts to pay his personal American Express bills, the government said.

A LinkedIn account that appears to belong to Pierleoni states he worked at Collins Brothers Moving Corp., which is based in Larchmont, N.Y.

In an October affidavit used to establish probable cause for the case, FBI special agent Caroline E. Gilmore wrote that Pierleoni had purchased more than $590,000 in collectible coins from the New York Mint; more than $136,000 in artwork from the Las Vegas-based Peter Lik Gallery; more than $75,000 to pay Connecticut state income tax and property taxes on his home in New Milford and another property in Danbury; more than $70,000 in artwork from the California-based Thomas Kinkade Gallery; and more than $40,000 for jewelry from various jewelers.

Other expenses included airline tickets, hotels, restaurant and grocery bills, clothing and maid expenses, the affidavit states.

“As alleged, Pierleoni abused the trust placed in him by his employer to steal a substantial amount of money so that he could enjoy a lavish lifestyle,” Manhattan U.S. Attorney Preet Bharara said in a release Thursday announcing the indictment. “He now faces having to pay the real price for that lifestyle.”

Added Assistant FBI Director George Venizelos: “As alleged in the Indictment, motivated by personal greed, Pierleoni stole millions of dollars from his long-time employer. He lived beyond his means while repeatedly betraying his company’s trust. The FBI will continue to investigate and hold accountable individuals who steal and line their pockets with their victim’s hard-earned money.”

This prosecution is being handled by the Office’s White Plains Division. Assistant U.S. Attorney James McMahon is in charge of the prosecution.

tloh@scni.com; twitter.com/timloh

Categories: General
Tim Loh

One Response

  1. SeanO says:

    Wall Street Bankster/Fraudster’s abused the Trust placed in them by the then Chairman of the Senate Banking Committee, they caused more financial damage to the nation, than WW2, and got a “Too Big To Fail” taxpayer bailout with built in million dollar “Failure Bonuses” for the Feckless CEO’s. NO CRIMINAL PROSECUTIONS FOR WALL STREET FINANCIERS. They are “Too Big To Jail” thanks to LOBBY-LAWMAKING.