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Bergen Dad, Son Busted Again, This Time In $2.5M Jersey Shore ‘Fix-and-Flip’ Scheme
It seemed state and federal prosecutors had thrown all they could at a Bergen County father and son for a series of multi-million-dollar investment scams. But state authorities announced a new indictment against both men on Monday, Nov. 6.
This time, George Bussanich, Sr., 65, of Park Ridge, and George Bussanich, Jr., 43, of Upper Saddle River, are charged with defrauding investors and mortgage lenders out of more than $2.5 million through a “fix and flip” investment scam involving Jersey Shore real estate.
Victims believed they were funding the purchase, renovation, and resale of four…
Feds: NJ Steel Drum Company Owner Admits Conning MD Manufacturer Out Of $20M
The owner of a New Jersey-based steel drum wholesaler admitted he conned a Maryland-based manufacturer out of nearly $20 million, federal authorities said.
Anthony P. Urcioli, Sr., 78, of Park Ridge, conspired with an employee of a New York company to produce bogus invoices for more drums than his Tunnel, Barrel & Drum Co, Inc. had delivered to the company's facility in Harford County, MD, U.S. Attorney for Maryland Erek L. Barron said.
Urcioli, who's TBD's owner and president, split the excess funds he received with the employee -- who, in turn, gave 25% to a co-worker, Barron said.
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Ghastly Bergen Crash: Driver, 22, Ejected Through Moonroof, Debris Field Covers 500 Feet
A 22-year-old driver was ejected through the moon roof of his Jeep in a horrific overnight crash in Park Ridge that left a debris field of more than 150 yards, authorities said.
The 2021 Grand Cherokee was headed north on Spring Valley Road when it left the roadway and slammed into a large tree at the north corner of Alberon Drive shortly before 2 a.m. Tuesday, Park Ridge Police Capt. Joseph Rampolla said.
The impact jettisoned the Jeep across the road, where it flipped over, spun and severed a utility pole, knocking it over, Rampolla said.
The Elmwood Park driver, who was alone in the veh…