An Ocean County man faces 30 years in prison for his role in a scheme to bilk Jersey-based Sovereign and a Central Jersey Banks out of over $1-million dollars. 47-year-old Anthony Marousis of Brick pleaded guilty in a Trenton Federal Courtroom today to conspiracy to commit bank fraud between 2006 and 2009.

Officials in the New Jersey U.S. Attorney General's office say Marousis and two co-conspirators fraudulently deposited checks into various corporate bank accounts at Sovereign Bank and Central Jersey Bank. These checks were purportedly received from customers of a telemarketing business but in fact were drawn upon accounts that were non-existent, closed, contained insufficient funds or were drawn on accounts of unwitting individuals who did not authorized the withdrawal.

U.S. Attorney Paul Fishman says much of the money was transferred to business accounts in Canada for the benefit benefit of the co-conspirators. He says the scheme resulted in a loss of approximately $1.3 million.

Marousis also faces a fine of $1 million dollars when he's sentenced on January 9th, 2013.

Fishman credits postal inspectors and the FBI for the investigation leading to today's guilty plea.