White Collar Update: M.A. Angeliades, Inc., Three Principles and Others Indicted for $600,000 Larceny

The Manhattan District Attorney’s Office just released more information regarding the fraud indictment involving $600,000 in theft. The defendants, M.A. Angeliades, Inc., Merkourios Angeliades, Dimitri Malakidis and Irena Angeliades were indicted on the charges of Grand Larceny, Offering a False Instrument for Filing, Falsifying Business Records, Bribing a Witness, Bribing a Labor Official and Attempted Tampering with Physical Evidence. Additionally, three employees from Local 731, Anthony Graham, Harold Johnson and Eduardo Visone, were each indicted for Falsifying Business Records, Bribing a Labor Official and Bribing a Witness. It is alleged that their conduct resulted stemmed from 2005 through 2007.

It is alleged that M.A. Angeliades, Inc., a general contracting firm, had four separate contracts with New York City and the MTA. Specifically, M.A. Angeliades, Inc. was to provide the labor to rehabilitate eleven subway stations. In doing so, the company was required to pay the prevailing wages for these jobs. Instead, it is alleged that the above named individuals in some capacity appropriated the wages to themselves and instead of the employees. This was hidden from the MTA through many means including creating false payroll reports.

The defendants face up to one year on the misdemeanor charge of Attempted Tampering with Physical Evidence, four years on the Falsifying Business Records and Offering a False Instrument for Filing, up to seven years on the charge of Bribing a Witness and Bribing an Official, and up to fifteen years on the Grand Larceny offense.

Regardless of the specific charges each of these individuals face, they need to act quickly and implement their defense strategy. As a former Manhattan prosecutor, I can tell you that the Manhattan District Attorney’s Office Rackets Bureau consists of top prosecutors who will not wait for a defendant to decide how he or she will proceed. Whatever the charge and allegation, the white collar NY criminal defense attorneys and former prosecutors at Crotty Saland PC know that time cannot be wasted. That is why we are ready to fight to protect your freedom and implement a plan to defend your rights as soon as possible.

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