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Thursday, nov 28
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Assistant U.S. Attorney Jennifer S. Kozar
News
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…
News
Feds: Convicted Big-Time NJ Ticket Investment Scammer Admits Doing It Again
A Middlesex County man who’d previously been convicted in a ticket resale investment scam admitted in federal court Thursday that he did it again, authorities said. Jeffrey Burd, 61, of Edison, told a U.S. District Court judge during a virtual hearing in Newark that he spent the $447,000 that investors had given him for the purported business on himself. Burd had promised his victims that their money would go toward buying tickets for “high-profile concerts, sporting events, and Broadway shows,” with the profits split between him and them, Acting U.S. Attorney Rachel A. Honig said. Burd “f…