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39°
Tuesday, dec 24
Tag:
Global Fund Management
Police & Fire
Park Ridge Father, Upper Saddle River Son Admit Conning Elderly Investors Out Of Millions
A Bergen County father and son admitted they conned mostly elderly investors out of $3 million – after getting caught earlier scamming the very same people and others out of $5.5 million. George Bussanich Sr. and his son “ruthlessly stole the life savings of elderly investors to bankroll their own expensive homes, high-end cars, and luxury dining and travel,” state Attorney General Gurbir S. Grewal said. George Bussanich Jr., for example, bought a house in Upper Saddle River worth nearly $1 million. “What makes this case even more egregious is that they defrauded many of the same elderly r…