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39°
Thursday, nov 21
Tag:
Loan scheme
News
$2.4M Eagles Ticket Scam: Ex-South Jersey Lawyer Gets 4 Years In Fed Pen
A disgraced South Jersey attorney with a confessed gambling habit must spend the next four years in federal prison for conning an investor out of $2.4 million in a loan scheme involving supposed Philadelphia Eagles season ticket holders. Frank N. Tobolsky, 60, of Cherry Hill told the Delaware investor that he was funding loans for clients using season ticket licenses as collateral, an indictment returned in U.S. District Court in Camden says. U.S. Attorney for New Jersey Philip R. Sellinger said Tobolsky put a "substantial portion" of the $2.4 million toward personal expenses, some of which…
News
Feds: Ex-South Jersey Lawyer Gambled Away Investor’s $2.4M In Phony Eagles Season Tix Scheme
A disgraced South Jersey attorney with a confessed gambling habit was busted by federal agents for conning an investor out of $2.4 million in a loan scheme involving supposed Philadelphia Eagles season ticket holders, authorities said. Frank N. Tobolsky, 59, of Cherry Hill told the Delaware investor he was funding loans for clients using season ticket licenses as collateral, an indictment returned in U.S. District Court in Camden says. There were no clients, it says. Tobolsky gambled “a substantial portion” of the money at Atlantic City casinos, among other personal uses, Acting U.S. Attor…