Earlier today, Tony Ream, a credit supervisor at a Long Island-based company, pleaded guilty to wire fraud at the federal courthouse in Central Islip. The case was heard before United States District Judge Sanket J. Bulsara. Ream admitted to transferring approximately $1.6 million from his employer’s bank account to an account he controlled over four years and using the funds for personal expenses. He now faces up to 20 years in prison.
The announcement of the guilty plea was made by Joseph Nocella, Jr., United States Attorney for the Eastern District of New York, and Christopher G. Raia, Assistant Director in Charge of the FBI’s New York Field Office.
“Ream abused his authority and betrayed his employer and its customers to fund his own lavish lifestyle,” stated United States Attorney Nocella. “In just a few years, Ream embezzled over $1.6 million and used the stolen money to pay for his wedding, luxury international travel, and for renovations to a restaurant he had opened. Ream will now be held accountable for this egregious conduct, thanks to the diligent work of our Office and our partners at the FBI.”
According to court documents and statements made during proceedings, the company where Ream worked is headquartered in Melville, New York. It distributes health care products and services globally and is recognized as one of the largest providers of health care solutions for office-based dental and medical practitioners.
Ream joined the company’s credit department in 2019 and became a supervisor. From October 2020 through November 2024, he diverted corporate funds from customer refund accounts—including some that were inactive—into his own accounts by disguising each transaction as a legitimate customer refund. He also misled subordinates into actions that helped facilitate his scheme.
The stolen funds were spent on personal items such as Ream’s wedding expenses, luxury vacations abroad, and renovations for a restaurant venture in South Carolina that ultimately failed. As part of his plea agreement, Ream has agreed to make full restitution to his former employer.
The prosecution is being handled by Assistant United States Attorney Charles P. Kelly with support from Paralegal Specialist Samantha Schroder.
Tony Ream (also known as Tony Ream-Hendley or Tony Moul Ream), age 34 from Greenville, South Carolina, awaits sentencing under E.D.N.Y Docket No. 25-CR-179 (SJB).
