Authorities say the owners of a contracting firm stole nearly $700,000 from homeowners and subcontractors they were supposed to use to make repairs to homes damaged by Superstorm Sandy.
Ocean County, N.J., prosecutors say Adam Nevius and his wife, Kimberly Atkinson, are charged with failure to make required disposition. Atkinson is also charged with theft by deception for a “material misrepresentation” she allegedly made when applying for a mortgage for their Stafford Township, N.J., home.
The couple operated Coastal Restorations & Construction of N.J.
Authorities say that between 2014 and 2017, Nevius entered into contacts with at least 17 homeowners and two subcontractors to repair the homes. But they allegedly did little or no work and used the money for purposes other than which they were intended.
Topics Windstorm New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Approach $1M Average, Says Allianz 
All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery 
Kroger Plans to Slash 37% of Corporate Jobs in Next Three Years 
Surplus Lines Leaders Remain Bullish on Outlook in a Shifting Market 
