Stole Checks from Mail, Changed Payee’s Name, Then Deposited Them into His Business Account
An East Elmhurst man was arrested for for a grand larceny stemming from a pair of forgeries that occurred over a two-month period.
Between March 5 and May 8, two separate companies sent checks in the mail for business payments, but had the checks intercepted with a total loss of $188,320.55. After an extensive investigation, it was determined that once the checks were intercepted, Adamantios Mathioudis altered the payee section to his name. After writing his name on the checks, he deposited them into his own business account and then depleted the funds.
Mathioudis was arrested without incident.
Mathioudis, 41, of 4920 20th Avenue, was charged with second-degree grand larceny and first-degree scheme to defraud. He was arraigned on December 18 at First District Court in Hempstead.