TRENTON – A Lakewood recycling-firm owner from Toms River, who confessed tricking nearly $600,000in employee’s compensation protection from his insurance company by making task descriptions, is sentenced to 3 years in jail, and his business is bought to pay a $100,000fine.

AlbertBoufarah (NJ Motor VehicleComm

AlbertBoufarah, 50, and Supreme Asset Management Recovery (SAMR), are separately and collectively accountable for restitution to New Jersey Casualty (NJC), a subsidiary of New Jersey Manufacturer’s Insurance Company (NJM), inning accordance with New Jersey Atttorney General Christopher S. Porrino’s workplace.

Boufarahand SAMR are amongst 6 entities and people recognized in the state probe. Boufarah and SAMR went into guilty pleas to second-degree conspiracy and insurance coverage scams counts almost a year earlier. A SAMR worker, Donna DeMartino, 41, of Brick, was bought to serve 2 years’ probation for her guilty plea to third-degree insurance coverage scams.

JosephAmato II, 74, of Waretown, and Joseph Amato III, 50, of Howell, respectively the owner and representative of the Amato Agency, LLC, of Neptune, and Jennifer Phillips, 44, of Old Bridge, and Amato representative, are accuseded of second-degree counts of conspiracy, insurance coverage scams, theft by deceptiveness, and business misbehavior. The Amatos are likewise accuseded of incorrect swearing, a fourth-degree count.

Thedeclared plan operated in between January 2011 and June 2014, private investigators stated. According to their findings, almost all of SAMR’s employees, approximated in between 50 and 72 overall, were noted as workplace employees taken part in clerical tasks.

Investigatorscompete that many were storage facility employees in higher-risk jobs that command greater protection premiums, such as reconditioning tvs, computer systems and other electronic gadgets,

DeputyAttorney General Colin J. Keiffer represented the federal government at sentencing. Boufarah and SAMR were represented by Atlantic City- based lawyer Louis Barbone

Lakewood electronic devices recycler sentenced for insurance coverage scams by: Steve Melvin published:


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