MAYS LANDING — An Egg Harbor Township man was sentenced to 90 days of house arrest and is required to pay $227,620 in restitution after pleading guilty to taking money from The Club at Galloway Condominium Association.
Ira Binder, 68, was also sentenced Feb. 22 to five years of probation for the second-degree theft by unlawful taking charge by Superior Court Judge John Rauh.
GALLOWAY TOWNSHIP — An Egg Harbor Township man is accused of stealing more than $350,000 fro…
Binder’s attorney, Steven Scheffler, said Binder has already paid $25,000 in restitution.
“He has all intent to the best he can to restore these folks as a whole,” Scheffler said.
Victor Vergata, president of the board for the association, said he is frustrated and disappointed that Binder didn’t get any jail time.
“Where’s the deterrent for the crime? What’s the message we send?” Vergata asked. “He really took full advantage. We’re volunteer, blue-collar people, not professionals.”
About 20 residents went to the sentencing, he said, to tell Rauh the negative impact Binder’s actions have had on the community. The board has lost the community’s trust, Vergata said, and they’ll be feeling the effects for years to come.
“We didn’t really do anything wrong but put a lot of trust in someone, and now we’re playing the penalty for it,” he said.
Binder was charged Oct. 5, 2017, with stealing $352,620 between January 2010 and February 2017, according to Galloway police.
An investigation revealed Binder, who was the office manager of the association, located on Club Place, overpaid himself over the seven-year span, police said.
He was indicted March 13, 2018, court records show.