Saturday, March 5, 2011
New Jersey Man Pleads Guilty To Embezzling $458K From US Rep. LoBiondo's Campaign
Andrew J. McCrosson Jr., 59, of Egg Harbor Township, New Jersey, pleaded guilty yesterday to charges he embezzled some $458,000 from campaign coffers of US Representative Frank LoBiondo (R-Ventnor), for which he had served as treasurer. With his guilty plea to a two-count criminal Information charging him with one count of wire fraud and one count of embezzling and converting funds contributed to a federal candidate, McCrosson admitted that over a 15 year period, from 1995 to August 2010, he wrote numerous checks to himself totaling some $458,000 from the LoBiondo for Congress accounts without authorization. McCrosson is scheduled to be sentenced on June 16, 2011. He faces up to 25 years in prison on the two counts as well as fines and restitution. We note that McCrosson previously served for six terms as mayor of Upper Township, New Jersey.