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Family Of Bergen County Realtors, Board Director Charged In $4.7 Million Dollar Ponzi Scheme
The owner of a "distressed" North Jersey real estate investment firm, his parents, brother and one family friend were charged in a multi-million dollar Ponzi scheme that began in at least 2014, authorities said Thursday.
Chander Singh, 44, of Emerson, falsely solicited $4.7 million from approximately 30 investors through a web of entities under the umbrella of his company, SC Capital Investors LLC, Bergen County Prosecutor Mark Musella said.
The investigation into Singh and his company was launched last February, when authorities began receiving tips from multiple investors t…
