Tag:

Robert Schooley

Father-Son Investment Scammers From Bergen Get State Prison Time Tacked Onto Federal Sentences Father-Son Investment Scammers From Bergen Get State Prison Time Tacked Onto Federal Sentences
Father-Son Investment Scammers From Bergen Get State Prison Time Tacked Onto Federal Sentences Having been sentenced to federal time, two members of a Bergen County family of con artists received state prison terms Friday in Hackensack for defrauding investors in back-to-back multi-million dollar scams. George Bussanich Sr., 61, of Park Ridge, was sentenced to 10 years in state prison, while George Bussanich Jr., 40, of Saddle River, was sentenced to eight years in state prison. Bussanich Sr.’s wife, Wilma Bussanich, 58, was sentenced Friday to five years of probation and 125 hours of community service for a previous guilty plea to money laundering. Last March, George Bussanich Sr. …
Park Ridge Father, Upper Saddle River Son Admit Conning Elderly Investors Out Of Millions Park Ridge Father, Upper Saddle River Son Admit Conning Elderly Investors Out Of Millions
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…