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Thu Jun 13, 2019, 03:38 AM

Owner Of Moving Companies Pleads Guilty To Million Dollar Fraud Conspiracy

NEWARK, N.J. – A Clifton, New Jersey, man admitted today to owning and operating a variety of household goods moving companies in New Jersey that systematically extorted hundreds of customers, U.S. Attorney Craig Carpenito announced.

Rami Zubidat, 31, pleaded guilty before U.S. District Judge Susan D. Wigenton in Newark federal court to an information charging him with one count of conspiracy to commit wire fraud.

According to documents filed in this case and statements made in court:

Zubidat and his co-conspirators jointly operated numerous moving companies by quoting customers “low-ball” price estimates for household goods moves and then raising prices on the date of the move after the goods were loaded and the customers in vulnerable positions. Through this scheme, Zubidat and his co-conspirators consistently, over a number of years and hundreds of moves, raised final prices for moves above the allowed increase from initial estimates as provided by federal regulations, including increases as high as 400 percent on the day of the move. The collective difference between the many estimates and the final balances for the customers’ moves was over a million dollars. Zubidat personally owned a number of the moving companies involved.

Read more: https://www.justice.gov/usao-nj/pr/owner-moving-companies-pleads-guilty-million-dollar-fraud-conspiracy

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Reply Owner Of Moving Companies Pleads Guilty To Million Dollar Fraud Conspiracy (Original post)
TexasTowelie Jun 13 OP
True Dough Jun 13 #1
3Hotdogs Jun 13 #2

Response to TexasTowelie (Original post)

Thu Jun 13, 2019, 06:07 AM

1. That industry needs to be regulated

plain and simple. Way too many instances of people being hustled with no recourse.

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Response to TexasTowelie (Original post)

Thu Jun 13, 2019, 07:17 AM

2. About 20 years ago, in North Bergen, a moving van was being weighed.

The moving truck and the truck owner's Lincoln Continental were on the scale, being weighed together. Thus, the customer was billed for an extra 2,500 lbs.

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