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: Critical Car Part Swiped At Alarming Rate In US, Fairview PD Nabs Duo
Fairview detectives caught two thieves stealing catalytic converters amid what's become an explosion of thefts of the previous devices nationwide, authorities said. Law enforcement agencies everywhere are dealing with stealthy crews swiping the highly-prized emissions-control devices from the underbellies of vehicles parked in private driveways on otherwise quiet streets. “It’s a quick type of theft. They slide under a vehicle, go snip-snip and they’re gone,” Police Chief Martin Kahn said Monday. “They don’t have to steal the whole car.” Installed in almost all gasoline cars and trucks so…
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This One Rivals Madoff: $1.8B Ponzi Scheme Victimizes Hundreds Of NJ Investors, Authorities Say
Hundreds of New Jersey investors were among those scammed in a $1.8 billion Ponzi scheme that authorities said was orchestrated by a trio of partners in a Manhattan-based advisory firm who projected an “aura of success” while hemorrhaging losses. Instead of securing returns for clients, the founder and CEO of GPB Capital Holdings, David Gentile, and his associates used investments to cover shortfalls and pay for private jets, a Ferrari and other personal luxuries, New Jersey Attorney General Gurbir S. Grewal said. Victims from the Garden State alone pumped more than $70.4 million into the s…