Former Newark Housing Authority (NHA) director of info technological know-how Venancio Diaz admitted yesterday to embezzling NHA cash to obtain electronic products for resale, U.S. Lawyer Philip Sellinger introduced nowadays.
In accordance to Sellinger’s release, Diaz bought a overall of 1,509 cell phones, tablets, and other similar electronic gadgets concerning 2013 and 2021 that he activated for a shorter time period on the NHA’s account before reselling them. In full, Diaz embezzled $594,425 for his particular use.
Theft of an company getting federal money carries a greatest sentence of 10 several years in jail and a optimum great of $250,000 or two times the total embezzled, whichever is greater (which in this case is the latter) Diaz’s sentencing is scheduled for August 4.
Diaz is the most recent in a series of Newark officials charged by federal prosecutors about the very last couple months.
Before this thirty day period, Newark West Ward Councilman Joseph McCallum pleaded guilty to accepting bribes and kickbacks from builders, contracting businesses, and other organizations in trade for access and support acquiring community contracts as part of a scheme to defraud Newark and the Newark Community Economic Improvement Company, now recognised as Spend Newark!
Former Assemblyman Carmelo Garcia (D-Hoboken), who had served as director of the Newark Section of Financial and Housing Development, was indicted very last October for his role in a bribery scheme.