Jeremy Hare, Lending Scam, New Jersey 2023

State: New Jersey
Category: White Collar Crime
Source: <a href="https://www.justice.gov/usao-nj/pr/pennsylvania-man-admits-defrauding-lending-company-out-more-400000" style="color:#cc0000;" target="_blank" rel="nofollow noopener">DOJ Press Release ÃƒÂ¢Ã¢â‚¬Â Ã¢â‚¬â€

CAMDEN, N.J. – Jeremy Hare, 47, of Philadelphia, pleaded guilty today to defrauding a commercial finance lending company out of more than $400,000, U.S. Attorney Craig Carpenito announced.

Hare, the president and managing member of Apollo Search Partners LLC, a staffing agency with an office in New Jersey, is accused of submitting fake invoices and time cards to the lender between June 20, 2017, and Aug. 15, 2017. The lender provided more than $400,000 to Apollo based on those invoices, which included hours that were never worked.

The charge carries a maximum potential penalty of 20 years in prison and $250,000 fine, or twice the gross gain or loss from the offense. Sentencing is scheduled for Jan. 4, 2019.

Hare’s scheme was uncovered by special agents of the FBI, under the direction of Special Agent in Charge Gregory W. Ehrie in Newark. The government is represented by Assistant U.S. Attorneys Andrew Kogan and Sarah Devlin.

Defense counsel for Hare is Ronald L. Greenblatt Esq. of Philadelphia. Hare’s guilty plea is a significant blow to the credibility of Apollo Search Partners LLC, which has an office in New Jersey.

The investigation leading to today’s guilty plea was a result of a collaborative effort between the FBI and the U.S. Attorney’s Office. The case highlights the importance of vigilance in preventing and detecting white-collar crime.

Hare’s sentencing is scheduled for Jan. 4, 2019. The case will serve as a reminder to businesses and individuals to be cautious of potential scams and to report any suspicious activity to the authorities.

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