Contact Us
Make My Homepage

Laurel Springs Man Convicted of Running Pizzeria Scam

A New Jersey man accused of bilking an investor out of roughly $1.2 million in a phony pizzeria scheme has been convicted on numerous counts, including mail fraud and money laundering.

Pizza
Flickr user: rob_rob2001

Giovanni Arena of Laurel Springs now faces several decades in prison when he’s sentenced March 14. He was found guilty Wednesday by a federal jury that deliberated for less than four hours following a seven-day trial in Camden.

Federal prosecutors say the 58-year-old Arena had operated pizzerias in the past, and he enticed the victim to send money to invest in the purchase of a pizza shop. But Arena instead spent the cash on luxury automobiles and gambled away hundreds of thousands of dollars at Atlantic City casinos.

Arena was convicted on 27 of the 34 counts he faced.

 

(Copyright 2013 by The Associated Press.  All Rights Reserved.)

Best of NJ 101.5

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.