IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Fraud at Ocean Spray

This article was originally published in Foodnews

A MAN has been convicted in the US of defrauding his former employer, Ocean Spray Cranberries (OSC), of more than USD1.3 million, and then faking his own death (FOODNEWS 18 March). James Repetto was sentenced to five years in prison and ordered to pay restitution of USD1.34 million to OSC. He began a scheme in 1999 along with a co-defendant, Stanley Wheeler, in which they submitted invoices to OSC on behalf of Wheeler's packaging company for services the company never performed. They then split the money. While awaiting sentencing, Repetto pretended to have drowned while swimming off the coast of California, and intended to head for Mexico, but was intercepted by the authorities. Wheeler's sentencing is scheduled for August.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO017730

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel