Contractor Wanted for Fraud Is Arrested

Apr 11, 2018
Source: Ocean County Prosecutor's Office Ocean County Prosecutor Joseph D. Coronato today announced that Peter Rinaldi, 56, of Little Egg Harbor, a contractor reported wanted by OCPO for second degree Theft by Deception and second degree Theft by Failure to Make Required Disposition of Property Received was arrested on April 6, 2018.

Ocean County Prosecutor Joseph Coronato announced on Tuesday that Peter Rinaldi, 56, of Little Egg Harbor, a contractor reported wanted for second degree theft by deception and second degree theft by failure to make required disposition of property received was arrested on April 6. Rinaldi, indicted for the above charges, was reported wanted on March 29 by detectives from the Ocean County Prosecutor’s Economic Crimes Unit after unsuccessfully attempting to serve him his complaint summons.

Ocean County Sheriff’s Department Detectives Robert Trainor and Adam Wright, assigned to the U.S. Marshals Task Force, developed information that Rinaldi was staying at the Baymont Inn on East White Horse Pike in Galloway Township, Atlantic County. On Friday, April 6, at approximately 3:30 p.m., the detectives located and arrested Rinaldi in the area of the hotel.  He was remanded to the Ocean County Jail to face the above charges at a future court date.

The charges and subsequent indictment stem from Rinaldi taking monies in the form of checks from various victims in Ocean County from July 2014 through August 2016 for proposed construction projects at their private residences. Rinaldi, who operated under the company names of Donovan Mark Custom Builders LLC and Mark Anthony Custom Builders LLC, allegedly deposited the monies into his bank account, as well as a check cashing facility and spent the monies on his personal benefit and gain. Rinaldi did not provide any materials, supplies and/or labor for said monies. Total theft amounted to approximately $247,224.63 from 12 victims.

The investigation is ongoing. Anyone who may have contracted with Rinaldi for uncompleted work may contact Ocean County Prosecutor Economic Crimes Det. James Conroy at 732-814-1697. —P.J.

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