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Saturday, nov 23
Tag:
Jeffrey Burd
News
Feds: Convicted Big-Time NJ Ticket Investment Scammer Admits Doing It Again
A Middlesex County man who’d previously been convicted in a ticket resale investment scam admitted in federal court Thursday that he did it again, authorities said. Jeffrey Burd, 61, of Edison, told a U.S. District Court judge during a virtual hearing in Newark that he spent the $447,000 that investors had given him for the purported business on himself. Burd had promised his victims that their money would go toward buying tickets for “high-profile concerts, sporting events, and Broadway shows,” with the profits split between him and them, Acting U.S. Attorney Rachel A. Honig said. Burd “f…