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Real Estate Fraud

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Suspended Attorney Stole Clients Cash In NJ, PA Real Estate Scam: DA Suspended Attorney Stole Clients Cash In NJ, PA Real Estate Scam: DA
Suspended Attorney Stole Clients Cash In NJ, PA Real Estate Scam: DA A suspended real estate attorney is accused of stealing tens of thousands of dollars from clients in Pennsylvania and New Jersey, prosecutors announced on Monday, Feb. 24. James "Jim" J. Vassallo Jr., 55, of Voorhees, New Jersey, was arrested for misappropriating funds while handling a Downingtown, Pennsylvania, home purchase in early 2023, the Chester County District Attorney’s Office said. Despite having his Pennsylvania law license suspended since August 2018, Vassallo allegedly continued to act as an attorney, taking money from his clients under false pretenses. The victims wired funds …

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by Jillian Pikora
Police & Fire
Man Tricked Victims Into Investing In Newark Property For 'Redevelopment,' Prosecutor Says Man Tricked Victims Into Investing In Newark Property For 'Redevelopment,' Prosecutor Says
Man Tricked Victims Into Investing In Newark Property For 'Redevelopment,' Prosecutor Says A Bergen County man is facing charges after authorities say he tricked eight victims into paying thousands of dollars for Newark investment properties, which authorities said had not actually been designated for redevelopment. An investigation was launched into Jason S. McNeill, 48, of Wyckoff, last April, Bergen County Prosecutor Mark Musell said.  McNeill allegedly presented the eight victims with forged documents and solicited approximately $420,000 in total from them. McNeill told the victims that the money would go toward the purchase of investment properties, namely vacant lots f…

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by Cecilia Levine