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N.J. U.S. Attorney: Former Employee of Defunct New Jersey Marble and Granite Company Admits Participating in $17 Million Bank Fraud
April 18, 2024
NEWARK, New Jersey, April 18 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on April 17, 2024:

A former employee of a now-defunct New Jersey-based marble and granite wholesaler today admitted his role in a scheme to defraud a bank in connection with a $17 million secured line of credit, U.S. Attorney Philip R. Sellinger announced.

Nitin Vats, 52, an Indian national, pleaded guilty before U.S. District Judge Susan D. W . . .

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