Fair 50°
Tag:

George Bussanich, Jr.

Police & Fire
Bergen Dad, Son Busted Again, This Time In $2.5M Jersey Shore ‘Fix-and-Flip’ Scheme Bergen Dad, Son Busted Again, This Time In $2.5M Jersey Shore ‘Fix-and-Flip’ Scheme
Bergen Dad, Son Busted Again, This Time In $2.5M Jersey Shore ‘Fix-and-Flip’ Scheme It seemed state and federal prosecutors had thrown all they could at a Bergen County father and son for a series of multi-million-dollar investment scams. But state authorities announced a new indictment against both men on Monday, Nov. 6. This time, George Bussanich, Sr., 65, of Park Ridge, and George Bussanich, Jr., 43, of Upper Saddle River, are charged with defrauding investors and mortgage lenders out of more than $2.5 million through a “fix and flip” investment scam involving Jersey Shore real estate. Victims believed they were funding the purchase, renovation, and resale of four…

SHARE

by Jerry DeMarco
Police & Fire
Bergen Sheriff's Officer Helping Motorist On Route 4 Nearly Struck By OD'ing Driver Bergen Sheriff's Officer Helping Motorist On Route 4 Nearly Struck By OD'ing Driver
Bergen Sheriff's Officer Helping Motorist On Route 4 Nearly Struck By OD'ing Driver A Bergen County sheriff's officer escaped severe injury or worse when an overdosing driver sideswiped her cruiser as she helped another motorist who'd broken down on Route 4, authorities said. Christopher A. Hanna, a 42-year-old Parlin resident with an extensive criminal record, was headed west on the highway in a 2008 Infiniti G35 when the crash occurred near Madison Avenue in Teaneck shortly before 3 p.m. Sept. 20, local police records show. The sheriff's officer told Teaneck police she was out of her 2021 Ford Explorer with its lights on when she spotted the Infiniti swerving in and out …

SHARE

by Jerry DeMarco
News
New Fraud Cases Name Relatives Of Imprisoned Father, Son Scammers From Mahwah, Saddle River New Fraud Cases Name Relatives Of Imprisoned Father, Son Scammers From Mahwah, Saddle River
New Fraud Cases Name Relatives Of Imprisoned Father, Son Scammers From Mahwah, Saddle River It seemed that state and federal prosecutors had thrown all they could at Bergen County’s George Bussanich and his son for a series of multi-million-dollar investment scams the past several years. But state authorities announced a new case Friday that also includes Bussanich's daughter and son-in-law as co-defendants. George Bussanich Sr., 62, of Park Ridge is already serving a 27-month federal prison stretch in Allenwood, PA for defrauding mortgage lenders and is due for release in 10 months. His son, George Bussanich Jr., 41, of Saddle River is up for parole this November from an eight-y…

SHARE

by Jerry DeMarco
Police & Fire
Father-Son Investment Scammers From Bergen Get State Prison Time Tacked Onto Federal Sentences Father-Son Investment Scammers From Bergen Get State Prison Time Tacked Onto Federal Sentences
Father-Son Investment Scammers From Bergen Get State Prison Time Tacked Onto Federal Sentences Having been sentenced to federal time, two members of a Bergen County family of con artists received state prison terms Friday in Hackensack for defrauding investors in back-to-back multi-million dollar scams. George Bussanich Sr., 61, of Park Ridge, was sentenced to 10 years in state prison, while George Bussanich Jr., 40, of Saddle River, was sentenced to eight years in state prison. Bussanich Sr.’s wife, Wilma Bussanich, 58, was sentenced Friday to five years of probation and 125 hours of community service for a previous guilty plea to money laundering. Last March, George Bussanich Sr. …

SHARE

by Jerry DeMarco
Police & Fire
Park Ridge Dad, Upper Saddle River Son Sentenced To Federal Time For Mortgage Scam Park Ridge Dad, Upper Saddle River Son Sentenced To Federal Time For Mortgage Scam
Park Ridge Dad, Upper Saddle River Son Sentenced To Federal Time For Mortgage Scam A Park Ridge man was sentenced Thursday to 27 months in federal prison and his Upper Saddle River son to home confinement for eight months for defrauding mortgage lenders out of more than $300,000. George Bussanich Sr., 60, and George Bussanich Jr., 39, used most of the money to buy high-end luxury vehicles, U.S. Attorney Craig Carpenito said. Both men previously admitted in U.S. District Court in Newark that they used sham short sales of two properties -- one on Jefferson Avenue in Emerson, the other on Lillian Street in Park Ridge – to swindle mortgage lenders between 2009 and 2012. The …

SHARE

by Jerry DeMarco
Police & Fire
Park Ridge Con Man Admits Cooking Up $300,000 Mortgage Scam With Upper Saddle River Son Park Ridge Con Man Admits Cooking Up $300,000 Mortgage Scam With Upper Saddle River Son
Park Ridge Con Man Admits Cooking Up $300,000 Mortgage Scam With Upper Saddle River Son A Park Ridge con man already facing state prison time admitted in federal court on Wednesday that he and his son defrauded mortgage lenders out of more than $300,000, using most of the money to buy high-end luxury vehicles. George Bussanich Sr., 60, cut a deal with the government through which he pleaded guilty to bank fraud conspiracy and tax evasion in exchange for consideration at his Sept. 25 sentencing in U.S. District Court in Newark. His son George Bussanich Jr., 39, of Upper Saddle River, is scheduled to be sentenced the same day for his October 2017 guilty plea to tax evasion. For…

SHARE

by Jerry DeMarco
Police & Fire
Park Ridge Father, Upper Saddle River Son Admit Conning Elderly Investors Out Of Millions Park Ridge Father, Upper Saddle River Son Admit Conning Elderly Investors Out Of Millions
Park Ridge Father, Upper Saddle River Son Admit Conning Elderly Investors Out Of Millions A Bergen County father and son admitted they conned mostly elderly investors out of $3 million – after getting caught earlier scamming the very same people and others out of $5.5 million. George Bussanich Sr. and his son “ruthlessly stole the life savings of elderly investors to bankroll their own expensive homes, high-end cars, and luxury dining and travel,” state Attorney General Gurbir S. Grewal said. George Bussanich Jr., for example, bought a house in Upper Saddle River worth nearly $1 million. “What makes this case even more egregious is that they defrauded many of the same elderly r…

SHARE

by Jerry DeMarco