Scrap metal business involved in fraud scheme

From North Jersey, “A scrap metal company was an alleged 17-year conspiracy in which they are said to have cheated customers who sold them metal out of millions of dollars, authorities said.

From 1999 through March 2016, the Cinelli brothers used a variety of fraudulent business practices, such as misrepresenting weights, to buy scrap metal from their customers for less than what CIMCO had agreed to pay, authorities said. They then resold the scrap metal at a profit.”

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s