Please ensure Javascript is enabled for purposes of website accessibility
January 29, 2023

Man With Deep Pockets Busted Stealing a Lot of Laundry Money

Just how many loads of laundry could one do with $460,000 in stolen quarters?

That's probably not the question asked by public works inspector Thomas Rica, who pleaded guilty this week to stealing that much in quarters from the meter collection room of the New Jersey town for which he worked.

“We’re dealing with the theft of quarters over a period of a couple of years,” assistant prosecutor Daniel Keitel told the court on Wednesday. “It’s difficult to calculate exactly how many quarters were stolen when you’re dealing with millions of quarters over a few years.”

In case you're wondering, that's a few loads short of 2 million quarters, to be less than exact.

Rica was caught stealing $500 worth of coins back in January of 2013 and lost his job for it but when his former employer dug deeper, they realized they had a serial thief and possible Coinstar fan on their hands.

His lawyer says it was "just temptation" that comes with the territory when you have access to a room full of money.

Man steals $460,000 from town — in quarters [New York Post]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

image representing tax law

Fourteen People Who Inspired Future Tax Criminals in 2022

The IRS Criminal Investigation unit has released its top cases for 2022 and in it we get reality TV personalities, a rogue tax preparer, some garden variety PPP fraud, and even a former decathlete with his own Wikipedia page. Pretty sure some of these people showed up in Accountants Behaving Badly, an irregular feature we […]

shocked chihuahua

No One Should Be Surprised to Learn FTX Used QuickBooks

Before the House Committee on Financial Services on Tuesday, recently-appointed FTX CEO John J. Ray III gave testimony to back up comments he made to the New York Times last month about FTX being a “complete failure” the likes of which he hadn’t seen in two decades. Back in the day, Ray was chairman of […]