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Owner of Point Pleasant Construction Company Arrested on $40K Theft Charge

By kcora on
Point Pleasant

Ocean County Prosecutor Joseph D. Coronato and Point Pleasant Police Chief Richard P. Larsen today announced the arrest of Salvatore Mattiaccio, Owner of Level and Square Construction and Remodeling, LLC located in the Borough of Point Pleasant.

Authorities charged Mattiaccio with theft for taking $40,000 from a woman and failing to return the money once she cancelled the home improvement contract within the three day cancellation period mandated by the New Jersey Home Improvement Contractor Registration Act.

OCPO Detective Stephen Shadiack of Economics Crimes Unit investigated the matter in coordination with the Ocean County Department of Consumer Affairs and Point Pleasant Police. Det. Shadiack learned that the woman became skeptical of Mattiaccio after signing a home improvement contract with him to raise her home due to a change in her flood zone post Hurricane Sandy. After reviewing the matter with her attorney, Edward Murachanian, she hand delivered a cancellation notice to the address of record for Level and Square Construction and Remodeling, LLC within the three-day cancellation period.

Officials said the contract indicated that Level and Square Construction and Remodeling, LLC would return the deposit monies on a cancelled contract within 30 days of cancellation. The woman was unsuccessful in obtaining her $40,000 deposit from Mattiaccio.

According to authorities, on Feb. 2nd in an unrelated matter, Mattiaccio was convicted of two counts for Violations of the Contractor Registration Act – Fourth Degree and was sentenced to probation.

Anyone with information relating to this investigation should contact Detective Stephen Shadiack at the Ocean County Prosecutor’s Office (732) 929-2027, extension 2618.

The media and the public are reminded that criminal charges are merely accusations and that the defendant is presumed innocent until proven guilty.