Metro

Failed sandwich biz boss pleads guilty in $25M scam

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