C&T testing company boss arrested on fraud charges

摘要

US The owner of AMA Laboratories,a US consumer products testing business,has been arrested for his alleged participation in a scheme to cheat customers out of substantial sums of cash.Gabriel Letizia Jr was charged with one count of conspiracy to commit wire fraud and one count of wire fraud,which refers to financial fraud involving the use of telecommunications or information technology.For more than 30 years,AMA,based in Rockland County,New York,has tested the safety and efficacy of cosmetics,sunscreens and other products on specified numbers of volunteer panellists for a range of consumer product companies.From 1987 to 2017,Letizia,AMA's owner and Executive Director,along with other staff members defrauded AMA customers out of tens of millions of dollars by testing products on materially lower numbers of panellists than specified or paid for by its customers,according to the indictment.