No bail for suspect in food-stamp scam

Posted: May 22, 2013

CAMDEN A Camden grocery store manager arrested last week on allegations he stole more than $1 million from taxpayers in a food-stamp scheme appeared in U.S. District Court in Camden Tuesday and was ordered held without bail.

Alexander D. Vargas, 34, allegedly bought food stamps for 50 cents on the dollar and kept the other 50 cents by redeeming food stamps without selling any food. He managed the former Eddie's Grocery on the 1500 block of Mount Ephraim Avenue in the city's Whitman Park section, and allegedly carried out the scheme last year, officials said.

According to authorities, Vargas used the money to buy vehicles and property in his native Dominican Republic. He is charged with one count of theft of U.S. funds, which is punishable by up to 10 years in prison and a $250,000 fine.

- Barbara Boyer

|
|
|
|
|