Todd Stark, the 44-year-old Ocean City man who plead guilty to providing ammunition to Nicodemo Scarfo Jr. and Salvatore Pelullo, is scheduled to be sentenced today, the U.S. Attorney's Office said on Friday morning, Nov. 16.
Stark plead guilty to the crime in June. He admitted to providing ammunition for a 9-handgun, despite knowing Scarfo and Pelullo were convicted felons. Scarfo, of Galloway Township, and Pelullo are the lead defendants in a racketeering case that involves 10 others.
According to documents filed in the case and evidence presented in court, two boxes of the same brand of ammunition Stark provided to Pelullo were discovered in Scarfo's home in May of 2008, when a search warrant was executed. Arrests were made in the case in November of last year.
Stark faces up to five years in prison and a $25,000 fine.
Charges in the 25-count Racketeering Influenced and Corrupt Organizations Indictment center on the alleged extortionate takeover of FirstPlus Financial Group Inc. (“FPFG”), a publicly held company in Texas, as well as the ensuing looting of FPFG by members of the racketeering enterprise through a series of fraudulent consulting agreements and acquisitions involving companies controlled by Scarfo and Pelullo.
