Tony Ream, a former credit supervisor at a Long Island-based health care distribution company, pleaded guilty to wire fraud at the federal courthouse in Central Islip. According to court records, Ream transferred approximately $1.6 million from the company's bank account to an account he controlled over four years, using the money for personal expenses.
The plea was entered before United States District Judge Sanket J. Bulsara. Ream faces up to 20 years in prison when sentenced.
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, announced the guilty plea.
“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.”
Court documents indicate that the company is headquartered in Melville, New York and is recognized as a major distributor of health care products and services globally for office-based dental and medical practitioners. Ream joined the company’s credit department in 2019 and later became a supervisor. From October 2020 through November 2024, he diverted funds from customer refund accounts—including some inactive ones—into his personal accounts by falsely recording them as legitimate customer refunds. He also misled subordinates into assisting with actions that furthered his scheme without their knowledge.
The embezzled funds were reportedly spent on personal items such as Ream's wedding, luxury vacations abroad, and renovations for a failed restaurant venture in South Carolina. As part of his plea agreement, Ream has agreed to repay the full amount taken from the company.
Assistant United States Attorney Charles P. Kelly is prosecuting the case with support from Paralegal Specialist Samantha Schroder.
Tony Ream (also known as Tony Ream-Hendley and Tony Moul Ream), age 34 from Greenville, South Carolina, remains out on bond pending sentencing under E.D.N.Y Docket No. 25-CR-179 (SJB).
