Berkeley Heights Man Indicted for $4 Million in Stolen Funds
Wednesday, July 30, 2014 • 4:36pm
ELIZABETH, NJ - A Berkeley Heights resident has been charged with stealing millions of dollars from his employers during the course of approximately eight years, announced Union County Prosecutor Grace H. Park on Wednesday.
A Union County grand jury had returned an indictment against Albert Thomson, 48, on a single count of second-degree theft by deception.
Thomson was arrested in March following a prolonged Elizabeth Police Department investigation that ultimately revealed the pattern of theft from the Elizabeth-based New England Motor Freight, a large trucking company, and two related companies, Eastern Freightways Inc. and Carrier Industries Inc., according to Union County Assistant Prosecutor Ann Rubin, who is prosecuting the case. Part of Thomson’s duties previously involved registering many of the companies’ thousands of vehicles in the various states where they operate, Rubin explained.
Yet at various times from 2005 through 2013, Thomson would allegedly put in registration requests for vehicles that had already been registered, then pocket or spend the checks cut by his employers to cover the costs. Thomson ultimately used the misappropriated funds to purchase a Mercedes-Benz, to rent a residence at the Jersey Shore, to provide himself with a personal trainer, and to pay credit-card bills, among other things, according to Rubin.
The total value of the stolen funds topped $4 million, Rubin said. Thomson currently remains free on $250,000 bail.
These criminal charges are mere accusations. Each defendant is presumed innocent until proven guilty in a court of law.