vendredi 11 mai 2012

Cussing gramps stole from firm to place bets

A foul-mouthed octogenarian who openly admitted to siphoning cash from a now-defunct Manhattan trucking firm has avoided law enforcement — a situation that has his former business associate fuming.

“Let’s not make a big f---king issue over a few thousand dollars,” Sol Gittelman said in a June deposition after admitting he had been placing bets in a football pool with cash from the company’s coffers.

Alleged fraud by 86-year-old Gittelman and his son Jud ran into the millions, according to Andy Moffatt, who was 50-50 owner of Dispatch Transportation Corp. The firm went belly-up in 2009 amid accusations of systematic looting, despite having delivered pricey fashions for decades to ritzy shops like Bergdorf Goodman.

Jud Gittelman, who was Moffatt’s 50-50 partner, was sued last year by Bergdorf owner Neiman Marcus, and paid a six-figure sum to settle charges he had overbilled the swanky store, according to a source.

Sol Gittelman, who hasn’t been convicted of any crime or found guilty of any civil embezzlement charge, didn’t return phone calls seeking comment. Jud Gittelman didn’t respond to requests for comment through his attorney.

In January, the IRS ruled Jud Gittelman had improperly helped himself to $1.1 million in company funds in 2006 and 2007, according to documents reviewed by The Post.

“When I came across the case, I thought it should go to both the IRS and the district attorney,” said Mark Schwartz, a lawyer for Moffatt.

Nevertheless, Sol Gittelman is living it up in a posh Upper East Side apartment at 860 Fifth Ave. Jud Gittelman owns a mansion in Larchmont, NY and a ski chalet in the Berkshires.

A spokeswoman for Manhattan District Attorney Cyrus Vance declined to comment.

Sol Gittelman, Dispatch Transportation Corp., Andy Moffatt, Jud Gittelman, Jud, Neiman Marcus, Gittelman

Nypost.com

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