FREEHOLD – After a nearly 10-month long investigation, the former treasurer of the Freehold Soccer League was sentenced to six years in state prison for the theft of over $400,000 from the league over a four year period, according to Monmouth County Prosecutor Christopher J. Grammicioni.
Fifty-seven year old Anthony Gallo of Freehold was sentenced on Jan. 12 after he plead guilty to second degree theft back in November. At that time, Gallo admitted to the theft of over $400,000 from the organization between 2012 and 2016. As treasurer of the league, he had access to the operating account and league funds. Writing checks to himself, his business Beacon Financial Services, and for cash, Gallo racked up nearly $300,000 in stolen funds. He was also withdrawing money at the ATM from the account to use for personal expenses, adding to this total.
Gallo had paid back over $119,000 of the stolen funds in an effort to cover up his theft before being charged. Now Gallo owes $280,000 in restitution.
Gallo was sentenced by Monmouth County Superior Court Judge Vincent N. Falcetano, Jr. The case was prosecuted by Monmouth County Assistant Prosecutor Lawrence Nelsen. Gallo is represented by Tara Breslow, Esq., of Red Bank.