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Highlights From the Year 2021 - Vimarsana News

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Former President of Philadelphia Wholesale Produce Market sentenced to over 10 years in prison - Vimarsana News

Former President of Philadelphia Wholesale Produce Market sentenced to over 10 years in prison

Former President of Philadelphia Wholesale Produce Market sentenced to over 10 years in prison

Ex-president of Philly Wholesale Produce Market sentenced to 10 years in prison for embezzlement - Vimarsana News

Ex-president of Philly Wholesale Produce Market sentenced to 10 years in prison for embezzlement

Former Philadelphia Wholesale Produce Market President and CEO Caesar DiCrecchio has been sentenced to more than 10 years in prison, three years of supervised release and ordered to pay over $8 million in restitution after embezzling more than $7.8 million from the Southwest Philly company. DiCrecchio, 60, of Voorhees, Camden County pled guilty in April to a slew of criminal charges stemming from the investigation.

Former president of Philadelphia wholesale produce market sentenced to over 10 years in prison for stealing $7.8 million from the company - Vimarsana News

Former president of Philadelphia wholesale produce market sentenced to over 10 years in prison for stealing $7.8 million from the company

November 22, 2021 — United States Attorney Jennifer Arbittier Williams announced that Caesar DiCrecchio of Voorhees, NJ, was sentenced to ten years and one month in prison, three years of supervised release and ordered to pay more than $8 million in restitution by United States District Court Judge Cynthia M. Rufe for defrauding the Philadelphia Wholesale Produce Market of over $7.8 million.

Source: irs.gov
Former Philadelphia Wholesale Produce Market president charged with stealing $7.8 Million from his employer – Produce Blue Book - Vimarsana News

Former Philadelphia Wholesale Produce Market president charged with stealing $7.8 Million from his employer – Produce Blue Book

PHILADELPHIA – Acting United States Attorney Jennifer Arbittier Williams announced that Caesar DiCrecchio, 60, of Voorhees, NJ, was charged by Information with two counts of wire fraud, one count of conspiracy to commit wire fraud, one count of money laundering conspiracy, one count of aggravated identity theft, and four counts of tax evasion, all of which allegedly caused more than $7.8 million in losses to the Philadelphia Wholesale Produce Market BB #:296053 in South Philadelphia. Separately, Thomas Del Borrello, 42 of Sewell, NJ, was also charged by Information with eight counts of aggr...