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Passaic County Adviser Conned Investors Out Of $471,602, State Authorities Charge
An investment adviser from Passaic County stole $471,602 from two dozen investors he recruited for an unregulated commodities trading group, state authorities charged.
The business he the Think Big Institute was failing when Scott Nicholson, 53, of North Haledon, began to “misappropriate investor monies by withdrawing existing investment monies and new investments for his personal benefit,” state Attorney General Gurbir S. Grewal said.
Over the course of five years, Nicholson transferred $373,823 in investment money to his personal checking account and paid $271,129 worth of personal expens…
NJ: Montclair Retiree Shared Sex Chats, Child Porn Pics With Boys, Tried To Lure One
A Montclair retiree had sex chats with underage boys, sent them pornographic images and even tried to lure one to have sex with him, said authorities who urged any other potential victims to come forward.
An unidentified social media service tipped off authorities that Keith Matheis, 67, had messaged a child exploitation file to someone, New Jersey Attorney General Gurbir S. Grewal said Tuesday.
The Elmwood Park native, it turned out, “engaged in sexually explicit chats with multiple users he believed were under 16 years old,” Grewal said.
He also “arranged to meet one suspected minor chi…