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Chander Singh

Police & Fire
Teaneck Swindler Whose Family Helped Fleece Investors Of $4.7M Gets 8 Years In State Slammer Teaneck Swindler Whose Family Helped Fleece Investors Of $4.7M Gets 8 Years In State Slammer
Teaneck Swindler Whose Family Helped Fleece Investors Of $4.7M Gets 8 Years In State Slammer UPDATE: A Teaneck con man who was captured after trying to flee the country must spend the next three years in state prison for running a Ponzi scheme with family and friends that fleeced dozens of unwitting investors out of $4.7 million. Chander Singh, 46, reshaped a failed company into an unscrupulous criminal venture by soliciting loans from investors to buy distressed properties, authorities said. Singh promised double-digit returns from what would be renovations of the ratholes, which he found with the help of his parents and brother, all of whom worked as real estate agents, they said…

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by Jerry DeMarco
Police & Fire
Family Of Bergen County Realtors, Board Director Charged In $4.7 Million Dollar Ponzi Scheme Family Of Bergen County Realtors, Board Director Charged In $4.7 Million Dollar Ponzi Scheme
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…

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by Cecilia Levine