Contact Us
Make My Homepage

Manalapan Man Accused of Bilking Brokerage Firm

A former chief financial officer for New York City-based Needham & Co. is accused of bilking the brokerage firm of $1 million.

Money.
Flickr user: 401K 2012

Federal prosecutors say 41-year-old Glen Albanese of Manalapan orchestrated an elaborate false invoicing scheme over a 10-year period.

Prosecutors say Albanese induced several vendors to submit fraudulent invoices. Prosecutor says some services were never provided while others inflated the amount charged.

It’s not clear whether Albanese has a lawyer.

Read More Stories From NJ's Police Blotter

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and 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 points, 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 with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, 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.

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.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

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