Friday, July 18, 2025
A former Merrick resident was indicted by a grand jury on June 25 for grand larceny, criminal tax fraud, and other charges for allegedly embezzling nearly $1 million from his employer and failing to pay income tax.
Gregory Morgan, 54, was arraigned in Nassau County Civil Court on charges of grand larceny in the second and third degrees, 39 counts of falsifying business records in the first degree, offering a false instrument for filing in the first degree, criminal tax fraud in the second degree, and criminal tax fraud in the third degree.
He is accused of embezzling about $950,000 from his employer, using company funds to pay for personal items, and failing to pay around $95,000 in taxes between 2022 and 2023.
Morgan, who surrendered to authorities earlier in the day, pleaded not guilty. He was released on his own recognizance and is due back in court on July 31.
He faces up to 15 years in prison if convicted.
“Gregory Morgan allegedly saw his employer’s business as an opportunity to pad his own paycheck, siphoning money from client transactions he handled for over two years resulting in a more than $900,000 payday,” said Nassau County District Attorney Anne T. Donnelly. “But that wasn’t enough for this defendant, who allegedly also used the company’s credit card to rack up another $36,000 in charges for personal purchases, like Apple watches, gift cards, and even a luxury coffee machine. Individuals who lie and steal to enrich themselves and satisfy their greed will always be held accountable by my office.”
According to Donnelly, Morgan, who owns GM Concepts, Inc., and Morgan Concepts, Inc., began working as a sales representative for a digital printing company in 2015 and was responsible for contacting new and existing clients for sales purposes.
In 2023, the company claimed that Morgan allegedly used the company’s credit card to make unauthorized personal purchases. The company terminated him following an investigation and conducted an audit of the sales that Morgan handled for potential fraud.
The district attorney’s investigation revealed that between 2022 and 2023, Morgan allegedly used his two companies to embezzle more than $914,432 from his employer through a fraudulent invoicing scheme.
Morgan allegedly modified his employer’s job orders and diverted payments away from the company to companies that he controlled, while deleting line items from the company’s records to make the jobs appear smaller. He then allegedly fabricated his own invoices in the names of GM Concepts and Morgan Concepts for the full scope of the work as originally requested by the client and diverted those funds to his companies.
