Manasquan Man Charged For Bilking A Former Client’s Credit Card In $200,000 Theft Scheme

Thursday, September 5, 2024, 6:15 A.M. ET. 2 Minute Read, By Art Fletcher: Englebrook Independent News,

MANASQUAN, NJ.- Monmouth County Prosecutor Raymond S. Santiago reported last week a 55-year-old Manasquan, New Jersey, man surrendered to authorities and was charged in connection with using a former business client’s credit card to purchase items that he then resold to another client in a theft scheme that netted more than $200.000.

     Adam C. Kleinwaks, 55, of Manasquan, New Jersey, was formally charged last week with second-degree Money Laundering; and second-degree Theft by Unlawful Taking. Kleinwaks was processed on the charges and released on a complaint summons pending his first appearance in Monmouth County Superior Court, which has been scheduled for October 10, 2024.

     The charges stem from an investigation that unfolded earlier this year. Security personnel from a credit card company referred their findings to the Monmouth County Prosecutor’s Office Financial Crimes and Special Prosecution Unit.

Investigation Uncovers

     An independent investigation by the Prosecutor’s Office investigators uncovered that Kleinwaks had been fraudulently using a former client’s credit card to make unauthorized purchases of items costing more than $130,000. Further investigation revealed that Kleinwaks, a salesman for a printing company, took the labels for recreational commercial products he purchased and resold them to another company, bringing in over $200,000 in checks and payments. Kleinwaks then cashed the checks and deposited cash into a bank account he controlled.

“The rules of the court require us to include a statement that states: The charges outlined in this publication are merely accusations, and the defendant and or defendants are presumed innocent unless and until proven guilty beyond reasonable doubt.”