Man Admits To Defrauding Bergen Company Out Of $1.5M

A Florida man faces up to 20 years in prison and a $3 million fine for using fake invoices to bilk a Bergen County company out of more than $1 million, authorities said.

Jerry Guidice, 57, of Windermere, Florida, pleaded guilty to wire fraud before U.S. District Judge Anne E. Thompson Tuesday, U.S. Attorney Paul J. Fishman announced.

Guidice had a trucking company he owned enter into an agreement with a Bergen County factoring company to assign some of its accounts receivable to the company in return for short-term financing, Fishman said.

Guidice emailed fraudulent invoices for trucking services that were never actually performed by the company, Fishman said. As a result of the invoices, the company transferred more than $1.5 million to Guidice's company from September 2015 through February 2016, the attorney said.

Guidice faces a maximum penalty of 20 years in prison and a $3 million fine, or twice the gross gain or loss from the offense, Fishman said.

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