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North Caldwell Man Admits to Defrauding Investors Out of More Than $500,000

April 7, 2017

NEWARK, NJ — A North Caldwell man recently admitted to fraudulently using more than $550,000 in investment funds that he solicited to purchase and sell consumer products in bulk, according to Acting U.S. Attorney William Fitzpatrick.

Michael Esposito, 45, pleaded guilty to one count of wire fraud before U.S. District Judge William Martini in Newark federal court, according to ...

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