A Sicklerville man today admitted his role in a scheme to steal and convert over 100 blank U.S. Postal Service (USPS) money orders, resulting in nearly $100,000 in losses, Acting U.S. Attorney William E. Fitzpatrick announced.
According to authorities, Marc Saunders, 39, pleaded guilty before U.S. District Judge Joseph H. Rodriguez to an information charging him with one count of transmitting and presenting unlawfully issued USPS money orders with intent to defraud the United States.
According to the documents filed in this case and statements made in court:
Saunders was employed as a letter carrier at the USPS branch in New Lisbon, New Jersey.
Authorities said Saunders admitted that while working at the New Lisbon branch, he stole a money order imprinting machine and more than 100 USPS money orders. Saunders used the machine to produce completed money orders that appeared legitimate, which he then gave to middle men that he recruited. The middle men recruited individuals to cash the money orders for a small fee. The middle men and Saunders kept the rest of the money.
The charge for transmitting and presenting unlawfully issued USPS money orders carries a maximum penalty of five years in prison and $250,000 fine.
Sentencing is scheduled for March 20, 2018.