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Jennifer S. Kozar

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FBI: NJ Stockbroker Scams Investors Out Of $600,000 With Bogus Tix Biz FBI: NJ Stockbroker Scams Investors Out Of $600,000 With Bogus Tix Biz
FBI: NJ Stockbroker Scams Investors Out Of $600,000 With Bogus Tix Biz FBI agents busted a now-former stockbroker from Jersey City who they said ran a side hustle that scammed victims out of more than $600,000 through a fictional ticket-reselling business. Michael J. Clarke, 62, lost his job once it came to light that his promises of getting discounted tickets that he could later sell at premium rates for concerts and sporting events -- as well as seat licenses to the U.S. Open -- were lies, authorities said. Clarke, who was a licensed municipal securities trader, promised victims who fronted him the money for the purported ticket brokerage that they'd get a …

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by Jerry DeMarco
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Former NJ Resident Admits Embezzling $540,000 From Security Firm Former NJ Resident Admits Embezzling $540,000 From Security Firm
Former NJ Resident Admits Embezzling $540,000 From Security Firm A former Bergen County resident now living in Connecticut admitted Wednesday that she embezzled $540,000 from a local company. Melissa Corso, 50, and her husband lived in Closter when she worked for a Delaware-based security systems supplier with an office in Ridgefield Park, federal authorities said. Corso, currently of Groton, CT, and co-worker Joseph Spaccavento steered customer payments owed to their former employer to a PayPal account registered to him and linked to her work email, according to an FBI complaint. The customers, in turn, sent more than $3.1 million through 1,150 transa…

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by Jerry DeMarco