A Florida man recently pleaded guilty to fraud charges in U.S. District Court in Newark, New Jersey.

The 60-year-old suspect, who is from Seminole, FL, defrauded a Bergen County business out of $220K. According to federal prosecutors, the suspect stole the funds by using an alias of “Mark Sawyer” and providing invoices from a phony company.

The suspect reportedly created Sawyer Express Transportation, a fake business based out of Idaho. He then contacted an actual business in Bergen County, NJ, and gave them fake invoices for transportation services, bilking the Bergen County company out of hundreds of thousands of dollars from June 2014 to September 2014.

The Bergen County factoring firm that was allegedly defrauded provided short-term financing for companies in need of a discount and immediate cash.

Now the suspect has pleaded guilty to the very serious federal charges in New Jersey. He recently made an appearance in U.S. District Court and entered a guilty plea on one count of wire fraud.

The suspect will have to make another appearance in U.S. District Court in Newark NJ on May 24 in order to be sentenced on the charges. When the suspect is sentenced, he faces up to 20 years in federal prison, as well as a fine of $250,000.

For more information about this case, read the NJ.com article, “Man Used Fake Company to Bilk Real Bergen Business.”