Acting U.S. Attorney William E. Fitzpatrick announced Tuesday a former general foreman for a Port Elizabeth terminal operator was found guilty of collecting an approximately $500,000 annual salary.
Sixty-six-year-old Paul Moe Sr. of Atlantic Highlands, New Jersey collected a “compensation package” that paid him approximately $500,000 annually from September 2015 through March 2017, according to court documents.
During this time, Moe only showed up at his job site for about eight hours per week. His conspirators submitted fraudulent timesheets daily on Moe’s behavior, crediting him for up to 16 hours of overtime daily. This allowed Moe to collect $9,300 weekly.
Moe was still credited 40 hours a week, even though he never appeared at his job site.
Each wire fraud count carries a maximum 20-year prison sentence and a $250,000 fine.