Police: Extortioner May Have More Victims

Police release photo of man they believe may have cheated many

Police on Thursday released a photo of a Neptune man who authorities say may have cheated numerous people out of undisclosed amounts of money.

Michael J. Canneto Jr., 43, whose last known address was on 6th Ave., was arrested at the Sands Motel on Route 35 in Eatontown on Aug. 23, following a month-long investigation by detectives from the Wall Police Department and the Monmouth County Prosecutor’s Office, Lt. Walter Pomphrey said.

Canneto was charged with Theft by Extortion. He was taken to Monmouth County jail, Freehold Township, on $75,000 bail, where he remained Friday morning, according to jail records.

Police did not release details of the crime Canneto was charged with, or release any further information, citing an ongoing investigation.

Police believe that Canneto blackmailed numerous people throughout the tri-state area, using check cashing stores and money transfer centers to pick up money in Monmouth County under various alias’ including: “Rich,” “Ralph,” “Ray,” “George,” “Sammie,” “Frank,” and  “Robert,” Pomphrey said.

If anyone believes they have been cheated by the person pictured, under his own name or under an alias, please contact the Wall Twp Police Department: (732) 449-4500,  the Detective Bureau: (732) 449-4800 or the Monmouth County Prosecutor’s Office: (732) 431-7160.    

realistic1 September 01, 2012 at 09:41 PM
Did they catch any 1 percenters flying taxpayer funded state helicopters to his sons baseball games or catch any wallstreeters embezzling hundreds of millions from the middle class and do more than send him to a country club "prison" after he donates a million to get his name on a hospital wing i cannot afford to go to? Guess not to hard to do that. Wow the privilaged are really taking a bite out of crime,,...


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