Tag:

Michael A. Shipp

Ex-Hudson Sheriff's Officer Admits $98,000 Short-Sale Mortgage Scheme For Jersey Shore Home Ex-Hudson Sheriff's Officer Admits $98,000 Short-Sale Mortgage Scheme For Jersey Shore Home
Ex-Hudson Sheriff's Officer Admits $98,000 Short-Sale Mortgage Scheme For Jersey Shore Home A former Hudson County sheriff’s officer admitted defrauding a bank to duck $98,000 in mortgage payments on a Jersey Shore home, federal authorities said. Osbado Hernandez, 54, of Avenel, conspired with others to lie about a bogus short sale of his house in Keansburg so that the unidentified bank would discharge what was left on his mortgage, U.S. Attorney Philip R. Sellinger said. Hernandez bought the property for $239,900 in 2006, financing it through a mortgage loan from the victimized bank, a complaint on file in U.S. District Court in Trenton says. He ended up behind on the payments,…
Mortgage Fraud: NJ Developer, Attorney Admit Swindling Lenders Out Of $3.5M Mortgage Fraud: NJ Developer, Attorney Admit Swindling Lenders Out Of $3.5M
Mortgage Fraud: NJ Developer, Attorney Admit Swindling Lenders Out Of $3.5M A New Jersey real estate developer and a lawyer admitted running a multi-layered mortgage fraud that cost banks more than $3.5 million in losses, federal authorities said. Developer Victor Santos, 63, of Watchung, paid stand-in "straw" buyers $5,000 each to first purchase a dozen properties in Newark and then secure tenants to lease them, U.S. Attorney Philip R. Sellinger said. A group of conspirators including him and attorney Fausto Simoes, 69, of Millington, covered the costs -- including fees and mortgage payments, the U.S. attorney said. "Santos, Simoes, and others also caused the sub…
Cardiologist Sentenced To Federal Prison Time For Prescribing 8,600 Painkillers For NJ Couple Cardiologist Sentenced To Federal Prison Time For Prescribing 8,600 Painkillers For NJ Couple
Cardiologist Sentenced To Federal Prison Time For Prescribing 8,600 Painkillers For NJ Couple A New Jersey cardiologist is headed to federal prison for 2½ years for illegally prescribing thousands of unnecessary Oxycodone pills for a patient and his wife. Raymond Catania, 60, of Warren, must serve at least two years before being eligible for supervised release because there's no parole in the federal prison system. Catania churned out scripts for 8,600 30mg Oxycodone pills in a little over 14 months from his Watchung office not only for his patient but for the man's wife, as well, U.S. Attorney Philip R. Sellinger said. He did so "without a legitimate medical purpose and outside of…
Oxy Doc Who Traded Drugs For Sex From NJ Patients Sent To Federal Prison Oxy Doc Who Traded Drugs For Sex From NJ Patients Sent To Federal Prison
Oxy Doc Who Traded Drugs For Sex From NJ Patients Sent To Federal Prison UPDATE: A doctor who admitted keeping patients from New Jersey hooked by trading opioids for sex was sentenced to nearly five years in federal prison. Joseph Santiamo, 65, of Staten Island must serve just about all of the 57-month sentence because there's no parole in the federal prison system. Santiamo, who saw several patients from New Jersey, previously admitted “knowingly prescribed dangerous quantities of oxycodone – and, even more egregiously, solicited sexual favors from certain patients” in exchange for writing them additional opioid scripts, Acting U.S. Attorney Rachael A. Honig sa…
Ex-Middlesex Officer Admits Recruiting Brothers In Blue For Multi-Million-Dollar Drug Scam Ex-Middlesex Officer Admits Recruiting Brothers In Blue For Multi-Million-Dollar Drug Scam
Ex-Middlesex Officer Admits Recruiting Brothers In Blue For Multi-Million-Dollar Drug Scam A former North Brunswick police officer admitted Monday that he cashed in on a multi-million-dollar health insurance scam by recruiting patients to obtain prescriptions for drugs they didn’t need. Daniel Passafiume, 45, of Monroe took a plea deal from federal prosecutors after an unidentified co-conspirator agreed to cooperate with the government, records show. Passafiume and the accomplice cut deals with pharmacies to collect large commissions for each prescription they delivered for “compounded medications,” including vitamins and pain creams, Acting U.S. Attorney Rachael A. Honig said. …
Hudson Pharmacy Owner's Son Admits Role In $99M Kickback Scheme Uncovered By Feds Hudson Pharmacy Owner's Son Admits Role In $99M Kickback Scheme Uncovered By Feds
Hudson Pharmacy Owner's Son Admits Role In $99M Kickback Scheme Uncovered By Feds The son of a former Union City pharmacy co-owner admitted his role Thursday in a multimillion-dollar scheme to boost prescription sales by paying kickbacks and bribes to health care professionals. Alex Fleyshmakher, 34, of Morganville, worked for his father, Igor Fleyshmakher of Holmdel, at Prime Aid in Union City. He was also an on-paper owner of Prime Aid Bronx, Acting U.S. Attorney Rachael A. Honig said. Operating out of both locations, the now-defunct Prime Aid Pharmacies processed expensive medications used to treat various conditions, including Hepatitis C, Crohn’s disease, and rheum…
$900,000 Tax Scam Gets NJ Tax Preparer Four Years In Fed Pen $900,000 Tax Scam Gets NJ Tax Preparer Four Years In Fed Pen
$900,000 Tax Scam Gets NJ Tax Preparer Four Years In Fed Pen A federal judge sentenced a former tax preparer who worked in Essex and Union counties to a plea-bargained four years in prison for his role in a $900,000 income tax scam, authorities said. Because there’s no parole in the federal prison system, Tony V. Russell, 49, of Stone Mountain, GA must serve out the entire term for his guilty plea to conspiring to defraud the IRS. Russell was the first of five men sentenced for preparing bogus tax returns at Tax Pro’s and Tax Solutions & Associates, federal prosecutors said. A federal judge in Trenton last September convicted one of two co-owner…
Teaneck Immigrant Admits Bribing Federal Employee For Special Visa Teaneck Immigrant Admits Bribing Federal Employee For Special Visa
Teaneck Immigrant Admits Bribing Federal Employee For Special Visa A Teaneck man admitted Friday that he tried bribing a State Department to take care of a non-immigrant visa that allows Dominican nationals to enter the U.S. Luis Santos, 27, told a federal judge in Trenton that he paid the U.S. consular adjudicator $2,381 for a favorable outcome. A nonimmigrant visa (NIV) is issued to a person with permanent residence outside the U.S. who seeks admission here temporarily for tourism, medical treatment, business or temporary work or study. U.S. Attorney Craig Carpenito credited special agents of the State Department’s Diplomatic Security Service with inves…