Gerard F. Russell TELEGRAM & GAZETTE STAFF
Published Wednesday July 8, 2009 at 12:18 am
Updated Wednesday July 8, 2009 at 8:56 am
A Dudley man has accepted his role in a artifice adjustment involving his now-defunct Charlton recycling aggregation and his Connecticut-based banking backer.
William S. McCambridge, 48, of 21 Ash Lane, Dudley, waived his appropriate to allegation and pleaded accusable bygone afore U.S. District Judge Ellen Bree Burns to one calculation of cabal to accomplish wire fraud. The allegation stems from Mr. McCambridge’s accord in a adjustment to bamboozle the developer of a New York arcade capital by appointment aggrandized invoices for the abatement of attenuated soil, according to Nora R. Dannehy, acting U.S. advocate for the District of Connecticut.
Mr. McCambridge is appointed to be bedevilled Sept. 25. He faces a best appellation of imprisonment of 5 years and a accomplished of up to $250,000.
According to cloister abstracts and statements fabricated in court, Mr. McCambridge was recruited by two bodies affiliated with a Connecticut armpit redevelopment and ecology remediation close to serve as arch and nominal buyer of Recycle Technology, LLC, a attenuated ammunition and clay auctioning and recycling aggregation accomplishing business at 17 Griffin Road, Charlton.
According to a columnist absolution from the U.S. attorney’s office, “ ‘Individual A’ was the President and buyer of the Connecticut-based aggregation (‘Company A’), and ‘Individual B’ was a activity administrator at Aggregation A. Individual A provided Recycle Technology with hundreds of bags of dollars in start-up funds and, with Individual B, acclimatized abstruse blank and ascendancy over Recycle Technology. Individual A and Aggregation A connected to accommodate Recycle Technology with banking abutment during best of Recycle Technology’s existence.”
In September 2004, the accepted architect for the architecture of a arcade capital in New York entered into a farm with Aggregation A to accommodate armpit alertness services, including clay excavation. Some of the clay independent aerial levels of lead. In December 2004, Aggregation A abiding for the attenuated clay to be transported to and disposed at a ability in New Jersey at a bulk of 127.50 per ton, the absolution said.
However, Aggregation A instructed the New Jersey ability to accelerate the invoices for the auctioning of the clay to Mr. McCambridge at Recycle Technology as the “broker” for the auctioning of the soil. Investigators said the allowance adjustment was a sham, and Individual B, who served as Aggregation A’s activity administrator on the project, instructed Mr. McCambridge to accept Recycle Technology bill Aggregation A at a bulk of $218 per ton for the abatement of the attenuated soil.
On Jan. 21, 2005, Recycle Technology faxed two invoices, one for $314,792 and the added for $334,422 to Aggregation A in Connecticut. Aggregation A again apparent up the bulk by 15 percent and submitted an balance to the accepted contractor. The accepted architect paid Aggregation A and anesthetized the costs on to the developer, the absolution said.
Mr. McCambridge and his co-conspirators agreed that Individual A and Aggregation A would be advantaged to best of the money generated by this adulterated allowance arrangement, with Recycle Technology befitting alone a baby allocation of it.
A lawsuit, filed in 2004 in Worcester Superior Court, sheds ablaze on the origins of Mr. McCambridge’s Charlton company. Depositions taken in that case appear the buyer of a Connecticut aggregation bankrolled Recycle Technology from the start.
According to a degradation in the case of Mr. McCambridge, Frank Ruocco of Cheshire, Conn., was Recycle Technology’s banking backer. Mr. McCambridge declared that Mr. Ruocco’s aggregation gave him as abundant as $800,000 to run the business. The money came afterwards accounting or exact agreements, he said.
Recycle Technology coffer annal appearance abundant wire transfers in capricious amounts, generally as abundant as $75,000 at a time, were fabricated to the Charlton aggregation by SRS Transportation, a North Haven, Conn., aggregation run by Mr. Ruocco.
Mr. Ruocco and his companies, Earth Technology Inc. and Earth Technology Inc. II, accept been the accountable of federal and accompaniment investigations in affiliation with bribery in Connecticut and pleaded accusable to federal bribery accuse several years ago.
The accompaniment of Connecticut concluded two affairs captivated by Earth Technology II of North Haven, Conn., as a aftereffect of federal bribery charges.
In his deposition, Mr. McCambridge said Recycle Technology was not authoritative a accumulation and acclaimed that he consistently discussed business decisions with Mr. Ruocco’s adumbrative and acclimated the aforementioned accountant as Mr. Ruocco.
The banking accord amid Recycle Technology and Mr. Ruocco’s companies was not spelled out in any acknowledged documents, he said. Alone a handshake closed the arrangement, he said at the time.
The accusation for which the degradation was taken was filed by Vincent P. Iuliano, buyer of the now-defunct American Reclamation Corp. of Route 20 in Charlton. Mr. McCambridge had formed for Mr. Iuliano until Mr. Iuliano accursed him. Mr. Iuliano declared Mr. McCambridge had baseborn from him while he had formed for AMREC, which was additionally a chancy decay recycling aggregation operating nearby. Mr. McCambridge started Recycle Technology afterwards he was accursed by Mr. Iuliano. Mr. McCambridge’s aggregation was after begin in abuse of boondocks zoning and in abuse of accompaniment DEP regulations. Mr. McCambridge’s aggregation after went into Chapter 7 defalcation and its assets were sold. Best of the company’s debt, $981,147, was owed to Mr. Ruocco. The acting U.S. advocate in Connecticut, Ms. Dannehy, said the ysis continues.
The amount is actuality advised by the Ecology Protection Agency, Criminal Analysis Division. The case is actuality prosecuted by Assistant U.S. Advocate Eric J. Glover and Special Assistant U.S. Advocate Peter Kenyon.
Contact Gerard F. Russell by e-mail at [email protected]
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