A former manager at Trenton Marine’s Toms River, NJ marina has been indicted for a scheme to defraud boat owners.
Denis Kelliher, 47, of Toms River, NJ, is charged with wire fraud, according to an indictment unsealed today in US District Court in Philadelphia.
Between 2013 and 2016, Kelliher sold approximately 13 boats without the knowledge of the owners and converted the proceeds from the sale to his personal use, including to pay off debts he owed to his business associates.
It is alleged that Kelliher robbed the boat owners of their property valued at more than $2 million.
If convicted, Kelliher faces a statutory maximum penalty of 20 years’ imprisonment, three years’ supervised release, $250,000 fine, and $100 special assessment.
Additionally, Kelliher will be subject to restitution and/or forfeiture of money and substitute assets totaling $2,163,000.00.
The case was investigated by the Federal Bureau of Investigation and the Toms River (NJ) Police Department and is being prosecuted by Assistant United States Attorney Anita Eve.
Key Facts
- State: Pennsylvania
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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