Jeremy Hare, Wire Fraud, New Jersey 2017

Related Federal Cases

Pennsylvania Man Sentenced for Stifling Probe into Purdue Pharma Kickback Scheme · Massachusetts
Pennsylvania Corp Pleads Guilty to Bid Rigging in NJ Tax Lien Auctions · Pennsylvania
Pennsylvania Firm Guilty of Bid Rigging in Tax Lien Auctions · Pennsylvania
Pennsylvania Accountant Sentenced for Conspiring with Organized Crime Family in Fraud Scheme · Texas
Arts & Crafts Fraud: Medicare Hit for $200K · Pennsylvania

Table of Contents

Pennsylvania Man Charged With Defrauding Lending Company Of More Than $400,000

NEWARK, N.J. – Jeremy Hare, 47, of Philadelphia, is accused of using phony invoices and time cards to defraud a commercial finance lending company of $400,000, announced U.S. Attorney Craig Carpenito.

Hare, the president and managing member of Apollo Search Partners LLC, a staffing agency with an office in New Jersey, allegedly submitted more than 15 invoices to the victim company between June 20, 2017 and Aug. 15, 2017, even though Apollo never staffed most of the individuals listed on the invoices, and the time sheets submitted with the invoices included hours that were never worked.

The victim company, a commercial finance lender that offers funding to companies in order to meet payroll and other obligations, provided funding of approximately $400,000 to Apollo between June and August 2017 in response to the invoices. To date, the victim company has not received reimbursement for the money it funded Apollo in response to the phony invoices.

Hare is charged by complaint with one count of wire fraud, which is punishable by a maximum potential penalty of 20 years in prison and a $250,000 fine, or twice the gross gain or loss from the offense.

The charge and allegations contained in the complaint are merely accusations, and the defendant is considered innocent unless and until proven guilty.

U.S. Attorney Carpenito credited special agents of the FBI, under the direction of Special Agent in Charge Gregory W. Ehrie in Newark, with the investigation leading to Hare’s arrest. He also thanked special agents of the FBI in Philadelphia for their assistance in this case.

The government is represented by Assistant U.S. Attorney Andrew Kogan of the U.S. Attorney’s Office Cybercrime Prevention and Enforcement Unit in Newark.

Hare is scheduled to appear this afternoon before U.S. Magistrate Judge Leda Dunn Wettre in Newark federal court.