FourFour2 article New York’s New York times newspaper has been rocked by the arrest of two men accused of stealing more than $3 million in sales from their sales agency and funneling it to the authors of sports coverage, an investigation by The Associated Press has found.
Two of the men arrested Tuesday are from New Jersey, according to an arrest warrant affidavit obtained by the AP and authenticated by an AP reporter.
The New York Police Department did not immediately respond to a request for comment.
The warrant affidavit describes an August 2016 arrest of a New York City man and a Brooklyn man who allegedly broke into a Manhattan home and took over $1 million in stock and other property belonging to an independent sports agency.
The men were arrested on Tuesday after the FBI alerted the NYPD that the agency was under scrutiny, the affidavit says.
Police say the agency’s office manager, Christopher P. DiPiero, a lawyer for a sports agency, was a target of the theft.
DiPaolo is a partner at a New Jersey law firm.
He has not been charged in connection with the alleged theft.
DiPaolo declined to comment when contacted by AP.
The AP was unable to reach him.
In a statement to the AP, DiPaoli called the allegations “baseless and baseless.”
DiPaoli said he was unaware of the alleged scheme until the FBI informed him of it.
He said he did not know the identity of the agency employee or the stock held in the account until the police arrested him.
“I have been cooperating with the investigation, and I have no knowledge of any wrongdoing by any employee of the NY Times,” DiPaola said.
“I am confident that the integrity of our sports journalism is unaffected by this matter.”
The Associated Press reported the arrest warrant.