A Shrewsbury man formerly employed by D’Angelico Guitars of America has been charged with embezzling more than $750,000 from the company and burning through much of it gambling online, the Monmouth County Prosecutor’s Office announced Wednesday.
Alex Iler at No Joe’s last Wednesday. Below, the Locust house that Iler fraudulently deeded over to himself after his landlord died. (Photo above by Dan Natale; below by John T. Ward. Click to enlarge)
By JOHN T. WARD
A disbarred Red Bank lawyer sentenced to 10 years in state prison last October for stealing the Locust home of his dead landlord and half a million dollars from clients is already out.
Alex Iler, 40, was freed on a court order in February, just four months after he was sentenced, a beneficiary of New Jersey’s “intensive supervision program,” redbankgreen has learned.
In the course of following up on a tip from a reader who was outraged that Iler had been cut loose, redbankgreen ran into Iler in downtown Red Bank last Wednesday. He agreed to an interview.
Alexander Iler, 39, of Atlantic Highlands, faced 12 years for those frauds, to which he pleaded guilty in August.
His lawyer said Iler had been “out of control” with a gambling addiction when the crimes were committed.
As part of a plea bargain, Rebecca Cirillo, 34, of Atlantic Highlands, admitted embezzling the funds from the publisher of Red Bank Red Hot magazine over the course of more than two years. She also pleaded guilty filing a fraudulent tax return.
Prosecutors are asking that Cirillo get five years in prison when sentenced in January by Monmouth County Superior Court Judge Richard W. English.