Ocean County Prosecutor Joseph D. Coronato today announced that Peter Rinaldi, 56, of Little Egg Harbor, a contractor reported wanted for second degree Theft by Deception and second degree Theft by Failure to Make Required Disposition of Property Received was arrested on Apr. 6th.
According to police Rinaldi, indicted for the above charges, was reported wanted on March 29, 2018 by Detectives from the Ocean County Prosecutor’s Economic Crimes Unit after unsuccessfully attempting to serve him his complaint summons.
Ocean County Sheriff’s Department Detectives Robert Trainor and Adam Wright, assigned to the US Marshals Task Force, developed information that Rinaldi was possibly staying at the Baymont Inn on East White Horse Pike in Galloway. According to police, on April 4th, at approximately 3:30 pm, detectives located and arrested Rinaldi in the hotel’s vicinity and remanded to the Ocean County Jail to face the above charges at a future court date.
The charges and subsequent indictment stems from Rinaldi taking monies in the form of checks from various victims in Ocean County from July 2014 through August 2016 for proposed construction projects at their private residences.
Officials said Rinaldi, who operated under the company names of Donovan Mark Custom Builders, LLC and Mark Anthony Custom Builders, LLC, allegedly deposited the monies into his bank account, as well as a check cashing facility and spent the monies on his personal benefit and gain. Rinaldi did not provide any materials, supplies and/or labor for said monies. Total theft amounted to approximately $247,224.63 from 12 victims.
The investigation is ongoing and anyone who may have contracted with Mr. Rinaldi for uncompleted work can contact Ocean County Prosecutor Economic Crimes Det. James Conroy at 732-814-1697.