He was spreading it on thick.
The founder of a failed gourmet-sandwich business pleaded guilty today to trying to scam a $25 million investment to keep his company from going belly-up.
Spiro Baltas, 37, admitted sending an unidentified financial institution an email full of baloney about the finances of his "Starwich" sandwich shops.
But instead of having $1.3 million in the bank -- as he claimed -- Starwich's account was actually $4,000 in the red, Manhattan federal prosecutor Julian Moore said.
The lender "fortunately" decided Starwich wasn't "a prudent investment," and the company went bankrupt soon after, Moore said.
Baltas -- who was charged under his birth name, Baltatzidis -- faces up to 37 months in the slammer under terms of his plea deal.
bruce.golding@nypost.com
Failed sandwich biz boss pleads guilty in $25M scam
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Failed sandwich biz boss pleads guilty in $25M scam
