Saturday, November 14, 2009

$128,000 Stolen from beauty school -- Carlstadt, NJ

A state grand jury indicted a Carlstadt man Friday on a charge of second-degree theft by deception for misusing $128,209 from a Fort Lee cosmetology school where he worked, the state Attorney General's Office said.

William J. Reilley, 56, allegedly misled the owner of the Onyx Beauty Academy to believe that he was using the money to pay business creditors when it actually went for personal expenses, such as $25,000 in rental car fees and a $1,000 deposit on a catering hall for a family function, a press release from the attorney general said.

Reilley was hired in 2004 to teach, assist with financial management and apply for government loans and grants, the release said. No grants or loans were obtained.

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