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Bank Fraud

Police & Fire
Jersey City Army Recruiter Defrauded Credit Union: Feds Jersey City Army Recruiter Defrauded Credit Union: Feds
Jersey City Army Recruiter Defrauded Credit Union: Feds A 33-year-old Jersey City army recruiter was charged in federal court in Newark on Wednesday, Sept. 11, with using her position to defraud a credit union by submitting fraudulent bank account applications on recruits' behalf, authorities said. From September 2023 to December 2023, Jane Crosby submitted “Pre-Active Duty Membership” bank account applications to a credit union on behalf of seven U.S. Army recruits or purported recruits, without their knowledge or consent., US Attorney Phillip Sellinger said. Such accounts are intended to facilitate the direct deposit of soon-to-be service…

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by Sam Barron
News
NJ Real Estate Developer Fred Daibes Pleads Guilty To Bank Fraud NJ Real Estate Developer Fred Daibes Pleads Guilty To Bank Fraud
NJ Real Estate Developer Fred Daibes Pleads Guilty To Bank Fraud Fred Daibes, a 67-year-old real estate developer previously convicted of bribing disgraced New Jersey Sen. Bob Menendez, pleaded guilty to bank fraud on Thursday, Sept, 5, authorities said. The former CEO and chairman of the board of directors at Mariner's Bank pleaded guilty in Newark federal court to making false entries in connection with a $1.8 million loan from his bank in 2008, US Attorney Phillip Sellinger said. Daibes said the line of credit was for someone else, when it was actually for his benefit, Sellinger said. The loan said the source of repayment would be from the p…

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by Sam Barron
Police & Fire
Thieves Snatch Teaneck Residents' Checks From Postal Boxes, Forge Them For $240,218 Thieves Snatch Teaneck Residents' Checks From Postal Boxes, Forge Them For $240,218
Thieves Snatch Teaneck Residents' Checks From Postal Boxes, Forge Them For $240,218 A criminal crew stole checks mailed by Teaneck residents from postal boxes, then changed the amounts to more than 100 times the totals and cashed them, federal authorities said. Noah Aranzamendi, 25, of Brooklyn, and his associates used universal (or "arrow") keys to open the outdoor mailboxes, U.S. Attorney Philip R. Sellinger said. They then shared images via an encrypted message app of the checks, which were then altered, the U.S. attorney said. The four checks, which were initially written out for a total of $1,896.59, ended up fetching a whopping $240,218, he said. The crew sold the …

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by Jerry DeMarco