Daily Bar News

Todays Date: Click here to add this website to your favorites
  rss
Bar News Search >>>
law firm web design
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
D.C.
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Mass.
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
N.Carolina
N.Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
S.Carolina
S.Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
W.Virginia
Wisconsin
Wyoming
2 sports gear firm execs charged in fraud scheme

•  State Bar News     updated  2011/05/14 08:29


Two former executives of a sports equipment company were charged Wednesday with fraud for allegedly swindling dozens of schools in northern New Jersey by forging fake bids from competitors, inflating invoices and courting school officials with gifts.

Mitchell Kurlander of Allentown, Pa., and father-in-law Alan Abeshaus of Highland Beach, Fla., made initial appearances in federal court in Newark on Wednesday afternoon. They each face a conspiracy count, and Kurlander faces multiple mail- and wire-fraud counts, punishable by up to 20 years in prison.

Bail was set at $500,000 for Kurlander and $250,000 for Abeshaus, both secured by property.

The U.S. Attorney's Office said the two men used their company, Easton, Pa.- based Circle System Group, to defraud schools and youth sports programs over a 10-year period ending in 2007. The company, which was bought by Schutt Holdings in 2005, according to the indictment, primarily reconditioned football helmets and shoulder pads for resale.

According to the indictment, the scam worked in a number of ways. For instance, the company allegedly sent schools monthly statements that looked like invoices, leading many schools to pay the same invoice twice. Prosecutors allege the company reaped nearly $1 million in overpayments this way, and kept most of the money.


ⓒ Daily Bar News - All Rights Reserved.

The content contained on the web site has been prepared by Daily Bar News
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.

Law Firm Website Design by Lawyer Website Design That Works