Crime & Safety

Wyckoff Man Helped Defraud Local Business Out Of $7.7M: Prosecutors

Police searched a Wyckoff home last Thursday and arrested a man for his role in a scheme to defraud a local business out of $7.7M.

WYCKOFF, NY — A Wyckoff man and a Florida man were charged last week in a scheme to defraud a Bergen County business out of $7.7 million, officials said.

Jason S. McNeill, 49, of Wyckoff and Ryan A. Telesford, 43, of Lake Worth, Fla., were charged with money laundering and conspiracy to commit money laundering, said the Bergen County Prosecutor's Office this week.

In December 2025, the Bergen County Prosecutor’s Office Financial Crimes Unit was contacted by the Hackensack police regarding a "business email compromise scheme," prosecutors said.

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The purpose of the scheme was to earn money from a high-value real estate transaction, prosecutors said.

After a long investigation, detectives determined that McNeill and Telesford worked with other people to compromise the company's emails in order to scam the business.

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Through encrypted emails and fraudulent banking instructions, the pair were able to divert approximately $7,756,157 to financial accounts they and their co-conspirators controlled, officials said.

Last Wednesday, detectives from the Bergen County Prosecutor's Office — with the assistance of the Palm Beach County Sheriff’s Office Tactical Unit-U.S. Marshals Task Force — arrested Telesford at his Lake Worth, Fla. home.

He was charged with first-degree money laundering and second-degree conspiracy to commit money laundering. He was taken to jail in Palm Beach County to await extradition to Bergen County.

Searched Wyckoff Home

The next day, the Bergen County Prosecutor’s Office Financial
Crimes Unit, with assistance from the Wyckoff and Hackensack police departments, searched McNeill's home in Wyckoff.

He was arrested and charged with first-degree money laundering, second-degree conspiracy to commit theft by deception, and second-degree conspiracy to commit money laundering.

He was taken to the Bergen County Jail to await a detention hearing in Bergen County Superior Court in Hackensack, prosecutors said.

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