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Manasquan man accused of $200,000 money laundering and theft scheme

PROPERTY LAW – A salesman at a Manasquan printing company has been accused of using a former customer’s credit card to make illegal purchases and steal $200,000, authorities said.

Adam C. Kleinwaks, 55, has been charged with money laundering and theft, Monmouth County District Attorney Raymond S. Santiago said in a statement Wednesday.

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The state attorney's office's Financial Crimes and Special Prosecution Unit was contacted earlier this year by security guards at a credit card company about the alleged theft. The unit investigated and found that Kleinwaks had fraudulently used the former customer's credit card to purchase $130,000 worth of pool liner labels, authorities said. He then sold those labels to another company for $200,000, Santiago said.

Kleinwaks cashed the checks he received and deposited the money into his bank account, Santiago said.

Further details of these transactions were not available.

Kleinwaks turned himself in last week. He was released on a summons and is scheduled to make his first appearance in Superior Court in Freehold on October 10.

A call to Kleinwaks' listed attorney was not immediately returned.

The maximum penalty for each of the crimes Kleinwaks is accused of is ten years in prison.

Santiago urges anyone with further information about Kleinwaks' activities to call Detective Robert Afanasewicz of the District Attorney's Office at 800-533-7443.

Ken Serrano covers breaking news, crime and investigations. Reach him at 732-643-4029 or [email protected].

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