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NJ Broker Bought Private Jet, Luxury Caribbean Vacation In $3.4M Insider Trading Scheme: Feds
A former partner at a New Jersey broker-dealer firm was accused of insider trading, making more than $3 million in illegal profits, authorities said.
Christopher Matthaei, 44, of Brielle, was arraigned in federal court on Wednesday, July 17, New Jersey's U.S. Attorney Philip Sellinger said in a news release. A federal grand jury indicted him on Friday, June 21 for two counts of securities fraud conspiracy and seven counts of securities fraud.
According to court documents and statements, Matthaei was a partner and senior salesperson at a trading firm based in Charlotte, North Carol…
South Jersey Man Admits Possessing Child Porn Videos, Feds Say
A Burlington County man admitted possessing multiple images and videos of child sexual abuse, federal authorities said.
Dennis Nerolich, 68, of Burlington, and formerly of New Egypt, pleaded guilty on Thursday, June 20 before U.S. District Judge Brian R. Martinotti in Newark federal court to an information charging him with possession of child pornography, according to U.S. Attorney Philip R. Sellinger.
According to documents filed in this case and statements made in court:
From March 2016 to May 1, 2018, Nerolich possessed multiple images and videos of child sexual abuse. Nerolich re…
