Police & Fire

Police Blotter

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

aec4ded074b20040de72_sompixMikeKarapiperis.jpg
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
aec4ded074b20040de72_sompixMikeKarapiperis.jpg

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

Hillsborough

Park Commission Celebrates Arbor Day wth Free Tree Giveaway

April 17, 2018

BRIDGEWATER, NJ – Native trees will be given away free by the Somerset County Park Commission at two locations to celebrate Arbor Day.

Trees will be distributed on Friday, April 27 from 9 a.m.-4 p.m. at the Environmental Education Center (EEC) located at 190 Lord Stirling Road in Basking Ridge, and the Rudolf W. van der Goot Rose Garden located at Colonial Park, Parking Lot A, 156 ...

Hunterdon Podiatric Medicine Now Part of Hunterdon Healthcare

April 11, 2018

Hunterdon Podiatric Medicine, formerly known as Dr. Steven M. Dribbon, DPM, became part of the Hunterdon Medical Group, a specialty practice owned and operated by Hunterdon Healthcare, as of April 1.

Dr. Dribbon, a board-certified foot and ankle surgeon, will continue to offer superior medical and surgical care of the feet, foot trauma, emergencies and sports medicine for both children and ...