- Report: #179591
Report - Rebuttal - Arbitrate
Complaint Review: Norvergence - Thomas Salzano
Norvergence - Thomas Salzano550 Broad St Newark, New Jersey U.S.A.
Norvergence - Thomas Salzano ripoff Newark New Jersey
I just read in a Jersy paper that Thomas Salzano son of an executive at bankrupt telecommunications firm Norvergence stole nearly $500,000 from the company to pay for drinks, trips to area clubs and even a five-bedroom house, according to a lawsuit filed Wednesday in U.S. Bankruptcy Court in Newark.
Yes, Thomas J. Salzano, 23, son of Norvergence chief managing officer Thomas N. Salzano, spent more than $200,000 in company money on a Glen Ridge house, and charged another $268,000 in personal expenses on the firm's American Express card.
Finally thhe FBI is conducting a criminal investigation of Norvergence, and the Federal Trade Commission won a $181.7 million default judgment against the company last summer....of which I am sure they will never see any of that money.
Lets hope they go to jail. That would give me a sweet taste in my mouth
Queens, New York
This report was posted on Ripoff Report on 03/06/2006 03:38 PM and is a permanent record located here: http://www.ripoffreport.com/r/Norvergence-Thomas-Salzano/Newark-New-Jersey-07102/Norvergence-Thomas-Salzano-ripoff-Newark-New-Jersey-179591. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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