Scamming is one crime that is being used more and more to line people’s pockets. Anthony Rotondaro, 59, owner of Reniss Contracting and Janic Construction has been accused of scamming clients and employees alike, along wit his daughter, Jamie Rotondaro, 32. The father and daughter were arrested and brought into Manhattan Supreme Court for allegedly ripping off more than $750,000 dishonestly.
The scheming pair used the companies’ corporate accounts as a “personal ATM” and spent more than $20,000 a month on expenses, including “trips to Starbucks, gyms and clothing stores,” the prosecutor charged.
Prosecutor Christopher Beard said in court that the duo ripped off 11 subcontractors of $328,000 by failing to pay them for work they completed in New York City.
In addition, the duo allegedly stole $428,000 from a client by misappropriating payments for two separate projects, the prosecutor said.
Large sums of money were moved from the corporate accounts into their personal accounts, then simply vanished, authorities said.
“Clearly a lot of money has disappeared,” said Beard to the presiding judge. “Where that money went, no one actually seems to know. Our forensic investigators were able to follow the money up to the point it was removed as cash.”
The two face more than a dozen counts of grand larceny. Jamie faces further charges for dipping into an employee’s 401K contributions to the tune of more than $18,000 and defrauding $13,000 from Empire BlueCross BlueShield. Their bail was set at $500,000 each. Both of the defendants claimed their innocence through free court-appointed lawyers.