Overcast 51°
Tag:

Financial Crime

Police & Fire
Jersey Shore Woman Charged With Stealing $195K From Former Employer: Prosecutor Jersey Shore Woman Charged With Stealing $195K From Former Employer: Prosecutor
Jersey Shore Woman Charged With Stealing $195K From Former Employer: Prosecutor An Ocean County woman is accused of stealing nearly $200,000 from her former employer in Monmouth County, authorities said. Jessica L. Schott, 44, of Point Pleasant, was charged with theft by unlawful taking, forgery and false uttering, Monmouth County Prosecutor Raymond S. Santiago said on Tuesday, Nov. 14. An investigation by the MCPO Financial Crimes and Public Corruption Bureau began earlier this year after a tip from a Wall Township-based company that used to employ Schott, Santiago said. The prosecutor did not name the company. A review of the company’s financial…

SHARE

by Jon Craig
Police & Fire
Five From NJ Admit Pocketing $1.3M In Aircraft Equipment Scam Five From NJ Admit Pocketing $1.3M In Aircraft Equipment Scam
Five From NJ Admit Pocketing $1.3M In Aircraft Equipment Scam A crew of con artists from New Jersey admitted swindling more than $1.3 million from hundreds of businesses nationwide and abroad that thought they were buying specialized aviation equipment. The head of the operation, Antonio P. Signo, 36, of Somerset – aka "Tony Demetro" – had been the first to take a deal from prosecutors rather than face the potential consequences of a trial. The onetime fugitive pleaded guilty last August -- with no public notice from authorities – to a single count of theft by deception, New Jersey Attorney General Matthew J. Platkin revealed on Thursday, May 25. The…

SHARE

by Jerry DeMarco
Police & Fire
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,…

SHARE

by Jerry DeMarco
Police & Fire
Ex-CFO Avoids Jail Time For $833K Theft From Matawan Tech Firm: Prosecutor Ex-CFO Avoids Jail Time For $833K Theft From Matawan Tech Firm: Prosecutor
Ex-cfo Avoids Jail Time For $833K Theft From Matawan Tech Firm: Prosecutor An ex-chief financial officer and CPA has avoided jail time in the Monmouth County lockup while paying more than $800,000 in restitution to his former employer, authorities said. Scott Lifshitz, 60, of Brick Township, had previously been CFO of a Matawan-based financial services technology company, they said. Lifshitz was sentenced to two years’ probation on Friday, May 12 after he pleaded guilty to stealing from his employer, Monmouth County Prosecutor Raymond S. Santiago said. Lifshitz was sentenced by Monmouth County Superior Court Judge Jill Grace O’Malley. &nb…

SHARE

by Jon Craig