It looks like authorities may have uncovered a real Jersey Shore "Situation."
Well-known humanitarian and former partner of one of the state's biggest
insurance agencies, C. Gavin Gatta, Jr., has been sentenced to four years
in prison connected with financial fraud accusations.
The 48-year-old was a prominent resident of Ocean Township, NJ. Community
members say that he was a fixture in all the local social circles, pledging
thousands to Jersey Shore University Medical Center in Neptune and fundraising
tirelessly on behalf of organizations like Interfaith Neighbors in Asbury Park.
Gatta's accusers state that this magnetic and magnanimous personality
was merely a mirage.
Prosecutors alleged during trial that Gatta pilfered more than $20 million
meant to pay client premiums for his personal use.
For sentencing purposes, Gatta admitted that he used the money to buy a
veritable fleet of opulent automobiles, including several Ferraris, a
Porsche, a Mercedes, and an Aston Martin.
Gatta made the following statement upon hearing his sentence: "I want
to apologize to my loving wife and two beautiful boys for the hell I put
them through because of my disgraceful conduct.''