RIVER VALE, N.J. – A self-employed business consultant from River Vale pocketed $215,000 from a German trading company after failing to broker the purchase of a used commercial printer, authorities charged.
John J. Farina, 63, was issued a summons for theft by failure to make required disposition of received property and issuing a bum check, Acting Bergen County Prosecutor Gurbir S. Grewal said Thursday.
Farina signed a deal with the company in November 2014 while operating the Icarus Group, Inc., in Wood-Ridge, the prosecutor said investigators from his White Collar Crimes Unit found.
In turn, the company wired $215,000 in three installments to Farina’s business account, Grewal said.
After failing to buy the printer, Farina agreed to return the money – then sent a $80,000 personal check that bounced, the prosecutor said.
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