Court Sentences Former New Jersey Pension Fund Trustee for Employee Benefits Plan Embezzlement After Labor Department Investigation
February 28, 2020
February 28, 2020
NEW YORK, Feb. 28 -- The U.S. Department of Labor's Employee Benefits Security Administration issued the following news release:
The U.S. District Court for the District of New Jersey has sentenced Howard Preschel of Teaneck, New Jersey, to 30 months in prison, followed by three years of supervised release and ordered him to pay $462,049 in restitution for embezzling funds from an employee pension benefits plan sponsored by CMG Vending Inc. in Union City, New Jersey. The court also . . .
The U.S. District Court for the District of New Jersey has sentenced Howard Preschel of Teaneck, New Jersey, to 30 months in prison, followed by three years of supervised release and ordered him to pay $462,049 in restitution for embezzling funds from an employee pension benefits plan sponsored by CMG Vending Inc. in Union City, New Jersey. The court also . . .