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Small Business

Police & Fire
Toms River Man Led Scheme To Commit Mortgage, COVID-19 Business Loan Fraud: Feds Toms River Man Led Scheme To Commit Mortgage, COVID-19 Business Loan Fraud: Feds
Toms River Man Led Scheme To Commit Mortgage, Covid-19 Business Loan Fraud: Feds A Toms River man was accused of leading a multimillion-dollar scheme to commit mortgage fraud and steal federal COVID-19 loans, authorities said. Arthur Spitzer, 37, was indicted on 25 counts, New Jersey's U.S. Attorney Philip Sellinger said in a news release on Tuesday, Sept. 3. A grand jury also indicted 38-year-old Mendel Deutsch of Toms River and 42-year-old Joshua Feldberger of Howell Township in the case. According to the indictment, Spitzer got mortgage loans for real estate properties that he didn't own in New Jersey and Brooklyn, New York. He chose properties that ha…

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by Chris Spiker
Police & Fire
Member Of 'Hit List' Burglary Crew That Targeted Asian Homeowners In NJ, NY, PA Sentenced Member Of 'Hit List' Burglary Crew That Targeted Asian Homeowners In NJ, NY, PA Sentenced
Member Of 'Hit List' Burglary Crew That Targeted Asian Homeowners In NJ, NY, PA Sentenced 𝗨𝗣𝗗𝗔𝗧𝗘: A member of a burglary ring that specifically targeted Asian-American small business owners in New Jersey, New York, Pennsylvania and Delaware was sentenced to a plea-bargained 33 months in federal prison. James Hurt, 48, of New York, and other members of the second-story crew worked from what the FBI called a hit list of dozens of homes in the four states based on “stereotype and opportunity" from Dec. 2, 2016, to March 20, 2019. The burglars often got into homes through unsecured upper-floor windows before seeking out cash, jewelry and guns, the FBI said In one instance, th…

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by Jerry DeMarco
Business
Cotton Candy Heaven: Newswoman Finds Sweet New Calling With Jersey Shore Biz Cotton Candy Heaven: Newswoman Finds Sweet New Calling With Jersey Shore Biz
Cotton Candy Heaven: Newswoman Finds Sweet New Calling With Jersey Shore Biz Have a hankering for cotton candy? You're in luck. Billie Rama of The Asbury Park Cotton Candy Co. is leasing a new production space exclusively for cotton candy lovers. Until now, Rama has been mobile only, operating a cotton candy table at parties, movies, and special events. Here is what Billie Rama's cotton candy table looks like when she "spins" at special events.Provided/ Billie Rama She organized this GoFundMe page to help defray the costs of setting up a permanent facility to expand and streamline her production. She started production at 909 Asbury Ave. Unit D on Thursday, Ma…

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by Jon Craig
Politics
Ban Of Lukoil Stations In NJ's Largest City Only Hurts Small Businesses: Report Ban Of Lukoil Stations In NJ's Largest City Only Hurts Small Businesses: Report
Ban Of Lukoil Stations In NJ's Largest City Only Hurts Small Businesses: Report Lukoil gas stations are officially suspending from operating in New Jersey's largest city, but the franchise owners say the move is only harmful to small businesses. Newark's City Council on Wednesday, March 2 voted in favor of the resolution, in opposition of the Russian invasion in Ukraine. Lukoil — headquartered in Russia and apparently owned by oligarchs — has two locations in Newark, both on McCarter Highway. A franchise owner of one of the stations told CBS News that while he stands with Ukraine, he's "confused how shutting down an American-based small business owner is sending a mes…

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by Cecilia Levine
News
Nearly 60% Of NJ Small Businesses May Call It Quits Due To COVID-19: Survey Nearly 60% Of NJ Small Businesses May Call It Quits Due To COVID-19: Survey
Nearly 60% Of NJ Small Businesses May Call It Quits Due To Covid-19: Survey More than half of New Jersey's small business owners may call it quits due to COVID-19, according to a new survey. The New Jersey Business & Industry Association report found that of the business owners contacted, 28% said they will look to sell or shutdown their business sooner than expected due to continued obstacles, while 31% said they are still determining if their plans will change. “When nearly 60% of employers are either looking to end their businesses sooner, or considering it, due to these continued obstacles, it should be a red flag for our policymakers wh…

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by Joe Gomez
Police & Fire
Philly Influencer Used Social Media Following To Rip Off Black Community, AG's Lawsuit Says Philly Influencer Used Social Media Following To Rip Off Black Community, AG's Lawsuit Says
Philly Influencer Used Social Media Following To Rip Off Black Community, AG's Lawsuit Says A Philadelphia business owner is facing a lawsuit filed by Pennsylvania Attorney General Josh Shapiro accusing her of using her social media presence to steal thousands of dollars from consumers. The suit alleges that Dana Chanel, whose real name is Casey Olivera, and co-owners of the four businesses named "misled consumers and failed to deliver goods and services as promised." “Dana Chanel built a following online by presenting herself as a black woman-owned small business success story,” Shaprio said. “She advertised the products of her companies as a way for other black small business ow…

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by Cecilia Levine
Business
Everything Must Go: LBI Department Store Hand's Shutters After 70 Years Everything Must Go: LBI Department Store Hand's Shutters After 70 Years
Everything Must Go: LBI Department Store Hand's Shutters After 70 Years After nearly 70 years in business, a highly popular Jersey Shore department and convenience store plans to close this spring. Hand’s, on Long Beach Island, is set to close for good in early April. However, an official closing date for the store at 1310 Long Beach Blvd., in Beach Haven has not been set. The owner of Hand’s is reportedly retiring and sold the property, according to media reports, which said the store is in “Everything Must Go” mode, with closeout markdowns on products. Hand’s was founded in 1952. In addition to beach necessities, Hand’s sells clothing, furniture, h…

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by Jon Craig