Postal worker admits role in theft of blank money orders
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Federal prosecutors say a New Jersey postal service worker has admitted to his role in a fraud scheme involving dozens of stolen blank money orders.
Marc Saunders pleaded guilty Tuesday. The 39-year-old Sicklerville man faces up to five years in prison when he's sentenced March 20.
Saunders admitted to stealing a money order imprinting machine and more than 100 money orders while working as a letter carrier at the post office in New Lisbon. He used the machine to produce completed money orders that appeared legitimate and gave them to other conspirators he recruited.
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The conspirators then recruited other people to cash the money orders for a small fee, with Saunders and the conspirators keeping the rest of the money.
Prosecutors say the scheme resulted in nearly $100,000 in losses.