Category Archives: IRA funds

>Crime Scene Middletown: POLICE ARREST BUSINESS OWNER FOR STEALING EMPLOYEE’S BENEFITS

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PREPARED BY DETECTIVE LIEUTENANT STEPHEN DOLLINGER

On April 12, 2011 the Middletown Police Department and the United States Secret Service arrested, David Crosby, age 56, from Murphy Road in Port Monmouth, for Theft of employee’s benefits.

Crosby was the owner of Crosby Site Work and Utility Inc, a business located in Port Monmouth, NJ, who police say purposely withheld his company’s contributions to his employee’s IRA funds.

The Middletown Police Department was contacted by the New York Field Office of the United States Department of Labor who informed them of the complaints they had received from employees of the business. Det. Daniel Sullivan conducted a joint investigation with the United States Secret Service and determined that Crosby had withheld approximately $17,000.00 in contributions to his employees IRA funds.

Crosby was arrested at his residence and processed and released on a summons pending a court appearance.

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Filed under benefit theft, Crime Scene Middletown, IRA funds, Middletown Police, Port Monmouth NJ, US Department of Labor, US Secret Service