Teaneck's Moshe Butler pleads guilty to criminal bank and wire fraud

Forbes reports on the tangled web of crimes of a scamster from Teaneck, Moshe Butler, age 33, "Motel Art, Flat Screen TVs, Bad Trades, And Bouncing Checks Collide In Federal Case."

In 2009, Butler was charged in a criminal Information with running a $2.25 million scam, to which he was released on bail pending sentencing.

The final tally has Butler pleading guilty to two criminal Informations charging him with bank and wire fraud....

On June 13, 2012, he was sentenced to 63 months in prison and three years of supervised release; and ordered to pay restitution in the amounts of $2,259,311.35 for the television scheme and $207,375.25 for the check scheme; and ordered to forfeit $208,172.21....more