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Ex-Newark Housing IT Chief Admits Privately Reselling $600G Worth Of Authority Cellphones, Tabs Ex-Newark Housing IT Chief Admits Privately Reselling $600G Worth Of Authority Cellphones, Tabs
Ex-Newark Housing IT Chief Admits Privately Reselling $600G Worth Of Authority Cellphones, Tabs A former IT director at the Newark Housing Authority admitted buying and then reselling cellphones and tablets with $600,000 in embezzled funds over the course of eight years, federal authorities said. Venancio Diaz, 56, of Jersey City, bought 1,509 devices in all that he activated on the NHA's account for days -- or at most weeks -- beginning back in 2013, U.S. Attorney Philip R. Sellinger said. "After the brief period of activation ended, Diaz posed as the owner of the devices and sold them to two different online electronics resale marketplaces," Sellinger said. Then he kept the money. …

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by Jerry DeMarco
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Feds: NJ Ex-Con Who Served Time For Scamming Charities Charged With $1.35M Investor Ripoff Feds: NJ Ex-Con Who Served Time For Scamming Charities Charged With $1.35M Investor Ripoff
Feds: NJ Ex-Con Who Served Time For Scamming Charities Charged With $1.35M Investor Ripoff A compulsive gambler from Passaic County who went to federal prison for three years for ripping off organizations that benefit schoolchildren and people with life-threatening illnesses went right back to scamming after he got out, federal authorities charged. This time, Gregory Ciccone, 43, of Woodland Park orchestrated a scheme that defrauded investors of $1.35 million, much of which he used to buy a $54,330 BMW, clothes, wine and more, Acting U.S. Attorney Rachael A. Honig said. Ciccone told the 22 victims that he operated companies that reserved blocks of rooms of luxury hotels that then…

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by Jerry DeMarco