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Bergen, Somerset Businessmen Con Bank Out Of $17 Million, Feds Charge
A former Bergen County marble and granite wholesaler and his Somerset County partner cooked the books while also posing as customers as part of a $17 million bank fraud, federal authorities allege.
A U.S. District Court judge in Newark allowed the release Monday afternoon of Rajendra Kankariya, 61, of Tenafly, who was the now-defunct company’s president, and his chief financial officer, 44-year-old Rakesh Sethi of Basking Ridge, following their arrests by the FBI.
Property secured bonds of $500,000 for each of them, U.S. Attorney Craig Carpenito said.
Kankariya and Sethi pulled the scam fr…
Paterson 5 Admit Swiping $300,000 In Checks From Bergen, Passaic, Morris, Essex Mailboxes
Taking plea deals from the government, five Paterson men admitted stealing $300,000 in checks from mailboxes in Bergen, Passaic, Morris, Essex and Middlesex counties.
Some “broke into mail collection boxes using pry bars, usually late at night…then fraudulently deposited them into various bank accounts, often within a day of being stolen,” U.S. Attorney Craig Carpenito said.
Pleading guilty in U.S. District Court in Newark to conspiring to commit bank fraud:
Ismael Alicea, Jr., 25;
Yerrisson Garcia-Rodriguez, 23;
Jerry Lake-Rodriguez, 25;
Brayan Ulloa-Ulloa, 24.
Johan Lake-Rodriguez, 26.
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Feds: Quartet Stole $450,000 In Checks From Bergen, Passaic, Morris, Essex Mailboxes
Four men stole $450,000 in checks from mailboxes in Bergen, Passaic, Morris, Essex, and Middlesex counties, said federal authorities who caught three and were seeking the fourth.
“Some of the mail collection boxes were broken into with the use of pry bars, usually late at night,” U.S. Attorney Craig Carpenito said Wednesday.
Although the checks weren’t made payable to them, the defendants deposited the checks at ATMs and then “withdrew the proceeds from the accounts before the fraud was discovered,” usually in less than 24 hours, Carpenito said.
Charged with conspiracy to commit bank fraud…
Linden Man, 3 Others Charged In $2.5M ‘Bust Out’ Identity Theft Scam
Four men were arrested Thursday for using stolen personal information to create bogus identities as part of a scheme to defraud banks of millions of dollars, U.S. Attorney for New Jersey Craig Carepenito said.
Shahid Akhtar, 42, of Linden; Tassadiq Hussain, 70, of Sayreville; Asif Ali, 39, of Carteret; and Mohammad Mushtaq, 54, of Valley Stream, New York are each charged with one count of conspiring to defraud financial institutions. They were scheduled to appear in Newark federal court Thursday.
Authorities say the four obtained valid Social Security numbers, dates of birth, drivers licen…
