Police & Fire

Police Blotter

Paramus Man Charged with $1M Theft from Franklin Trucking Company

Paramus resident Mike Karapiperis has been charged with 2nd Degree Theft in connection with an overbilling scheme at a Franklin trucking company. Credits: Courtesy Somerset County Prosecutor's Office

SOMERVILLE, NJ – A Paramus man has been arrested and charged in connection with an overbilling scheme at a Franklin trucking company that netted more than $1 million between 2012 and 2015.

Mike Karapiperis, 48, of Gettysburg Place, Paramus, has been charged with 2ndDegree Theft, according to Acting Somerset County Prosecutor Michael H. Robertson. He is being held in lieu of $75,000 bail at the Somerset County Jail.

 An investigation by the Somerset County Prosecutor’s Office Special Investigations Unit determined  Karapiperis, an employee of Roadtex Transportation in the Somerset section of Franklin, received over $1,000,000 in overbilled funds over a four-year period by arranging the cost of the freight deliveries between P & A Trucking & Roadtex Transportation, according to Robertson.

Sign Up for E-News

Banking records revealed that the overbilled funds that had been charged to Roadtex were deposited into Karapiperis’s personal bank account, according to the prosecutor.

Karapiperis was arrested at his residence Monday. 

Editor's Note: This article relies on information provided by law enforcement officials and the subjects are presumed innocent. If notified of changes to the charges or their outcome, TAPinto.net will update this report.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News


Deadline Feb. 16 for Chance to Win Somerset Patriots Luxury Suite

February 13, 2018

SOMERVILLE, NJ - Requests are now being accepted from eligible non-profit and community groups to use the 30-seat community box during the 2018 season at TD Bank Ballpark in Bridgewater, home of the Somerset Patriots.

To be eligible, applicants should be nonprofits whose client base consists of at least 50 percent Somerset County residents or community organizations that are located in ...

TAPinto.net Named Partner of the Year by NJ News Commons

February 5, 2018

NEW PROVIDENCE, NJ -  TAPinto.net has been named Partner of the Year by NJ News Commons, a network of more than 230 news organizations across New Jersey.  The award goes to a journalist or news organization that showed overall excellence in their work for 2017.    

Joe Amditis, Associate Director of the Center for Cooperative Media, said TAPinto won the award ...