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Ramon Herrera

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Hudson Con Man Sent To Federal Prison For Cheating Seniors Out Of $450,000 Hudson Con Man Sent To Federal Prison For Cheating Seniors Out Of $450,000
Hudson Con Man Sent To Federal Prison For Cheating Seniors Out Of $450,000 A Union City financial adviser is headed to federal prison for a plea-bargained 27 months for stealing more than $450,000 from mostly elderly, Spanish-speaking clients. Ramon Herrera, 37, persuaded unwitting more than three dozen clients to sign blank withdrawal slips, which he then filled out to pull cash from their accounts in the form of cashier’s checks, Acting U.S. Attorney Rachael A. Honig said. Herrera then applied the checks to accounts that he and a family member controlled, she said. Herrera took a deal from the government -- pleading guilty to wire fraud -- rather than go to tr…

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by Jerry DeMarco
Police & Fire
Union City Finance Adviser Admits Ripping Off Elderly Clients Union City Finance Adviser Admits Ripping Off Elderly Clients
Union City Finance Adviser Admits Ripping Off Elderly Clients A Union City man pleaded guilty in a half-million dollar fraud involving financial services clients he was supposed to be working for, the U.S. Attorney's Office said.  Ramon Herrera, 36, pleaded guilty to one count of wire fraud and faces up to 20 years in prison when he's sentenced in February, authorities also said.  From May 2015 to early 2018, Herrera, who worked as a broker and financial adviser, met with and obtained confidential information from clients in and around Hudson County. The clients were mostly elderly, spoke only Spanish, or both, authorities said.  Herre…

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by Paul Milo