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A Carlstadt man was indicted Friday for allegedly stealing $128,000 from a cosmetology school that employed him in Fort Lee.
William J. Reilley, 56, was indicted by a state grand jury on a charge of second-degree theft by deception, according to state Criminal Justice Director Deborah L. Gramiccioni.
The indictment alleges that between 2004 and 2006, Reilley stole $128,209 from his employer, Onyx Beauty Academy. Reilley was hired by the school's owner, Yong Ok Shin, in 2004 to teach, assist with financial management, and submit applications for government loans and grants.
Reilley -- who also worked on a per diem basis for the state Division of Consumer Affairs as a proctor for cosmetology exams -- led the owner to believe that his work for the state would make it easier for him to obtain government loans and grants for the school.It is alleged that Reilley obtained $128,209 in business checks and money orders from Shin by telling her that they were needed to pay creditors of Onyx Beauty Academy as well as fees for grant and loan applications. In reality, Reilley allegedly used the checks and money orders to pay personal expenses, including rent, about $25,000 in rental car fees, and $1,000 for a deposit on a catering hall for a family event. Reilley never obtained any loans or grants for Onyx Beauty Academy.
Deputy Attorney General Vincent J. Militello presented the case to the grand jury. The investigation was conducted by State Police Det.Sgt. Dustin Lesnever and Deputy Attorney General Militello.
Second-degree crimes carry a maximum sentence of 10 years in state prison and a $150,000 fine.
The indictment was handed up to state Superior Court Judge Linda R. Feinberg in Trenton, who assigned the case to Bergen County, where Reilley will be ordered to appear in court to answer the charge.
– TOM HESTER SR., NEWJERSEYNEWSROOM.COM
