Former Freehold Soccer League Treasurer sentenced to six-years for theft
Anthony Gallo, who plead guilty to second-degree theft in November 2017 is sentenced to six-years in prison for stealing over $400,000.00 from the Freehold Soccer League between 2012 and 2016 as its volunteer treasurer.
The 57-year old's state prison sentence was announced Friday by the Monmouth County Prosecutors Office.
Gallo must also pay $280,000.00 in restitution in addition to his sentence.
The investigation into his stealing of funds began in March of 2016 after the MCPO's Financial Crimes Unit received a referral from the Freehold Soccer League President who made the referral after he learned bills for uniforms were not paid and also discovered that funds were missing from the league bank accounts.
Gallo had access as league treasurer to the league’s operating account and wrote checks to himself, his company Beacon Financial Services, and cash totaling over $300,000.
He also made numerous unauthorized ATM withdrawals from the league’s account and used league funds to pay personal expenses.
Gallo paid back more than $119,000.00 into league accounts in an effort to prevent his crime from being detected...but charges were already on the way.
For more on the investigation and charges, read the button links below:
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