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Fraud

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Disbarred NJ Attorney Admits To Ponzi Scheme That Cost Investors $1 Million: Feds Disbarred NJ Attorney Admits To Ponzi Scheme That Cost Investors $1 Million: Feds
Disbarred NJ Attorney Admits To Ponzi Scheme That Cost Investors $1 Million: Feds A 61-year-old Hillsborough resident pleaded guilty on Wednesday, Oct. 9 to running a Ponzi-like wire fraud scheme that caused losses of more than $1 million, authorities said. Lawrence Coven, who had previously been disbarred as an attorney, operated and controlled Sunrise Enterprises LLC, which purported to provide financial services to investors, US Attorney Philip Sellinger said.  In reality, Coven induced investors into sending him funds by falsely representing that he would invest their money through Sunrise in exchange for large profits by providing short-term loans to borrowers …

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by Sam Barron
Police & Fire
North Jersey Trio Stole $100K+ In Business Checks From Jersey Shore Mailboxes, Police Say North Jersey Trio Stole $100K+ In Business Checks From Jersey Shore Mailboxes, Police Say
North Jersey Trio Stole $100K+ In Business Checks From Jersey Shore Mailboxes, Police Say Two men and a woman from North Jersey were accused of stealing more than $100,000 in business checks from Wall Township mailboxes, authorities said. James Miller, 37, of Passaic; Kaleik Easton, 29, of Bloomfield; and Asia Harrell, 31, also from Bloomfield; were arrested, the Wall Township Police Department said in a news release. Investigators said businesses were defrauded out of more than $100,000 after checks were taken from their mailboxes. Police executed two search warrants at the suspects' homes and they were taken into custody on Wednesday, Sept. 19. Detectives …

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by Chris Spiker
Police & Fire
Central Jersey Widow Avoids Jail After Fraudulently Collecting $268K In Police Pension: AG Central Jersey Widow Avoids Jail After Fraudulently Collecting $268K In Police Pension: AG
Central Jersey Widow Avoids Jail After Fraudulently Collecting $268K In Police Pension: AG A Mercer County woman avoided jail time after admitting to stealing $268,000 from her dead husband's police pension after she remarried, authorities said. Sandra VonScheven, 49, of Hamilton Township, was given a suspended sentence of 364 days in county jail, Attorney General Matthew Platkin said in a news release on Thursday, Aug. 29. She won't have to go to jail if she completes probation. According to court documents and statements, VonScheven started receiving state benefits in November 2001 after her husband died. He had retired as a municipal police officer in New Jersey. Widows …

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by Chris Spiker
Police & Fire
Squatter Falsely Claimed To Own Two Central Jersey Vacant Homes, Prosecutors Say Squatter Falsely Claimed To Own Two Central Jersey Vacant Homes, Prosecutors Say
Squatter Falsely Claimed To Own Two Central Jersey Vacant Homes, Prosecutors Say A Monmouth County man was accused of squatting in two vacant homes and falsely claiming to own them, authorities said. Markies Wells, 39, was given 13 charges, Monmouth County Prosecutor Raymond Santiago said in a news release on Thursday, Aug. 15. He's also known as Messiah Law-Elbey and last had a legitimate address in Neptune Township. Keansburg police said Wells climbed through a back window of an abandoned Pine View Avenue home in March and changed the locks on the front and back doors. He was arrested and charged in the case. Holmdel police then found in July that Wells als…

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by Chris Spiker
News
Middlesex County Men Indicted In Alleged $7M Fuel Investment Scheme: AG Middlesex County Men Indicted In Alleged $7M Fuel Investment Scheme: AG
Middlesex County Men Indicted In Alleged $7M Fuel Investment Scheme: AG A New Jersey grand jury has indicted two Middlesex County men for allegedly defrauding fuel investors out of approximately $6.7 million, authorities said. The scheme used sham companies and false identities to deceive investors into believing they would receive large guaranteed returns from investments in fuel products, according to Attorney General Matthew J. Platkin. Instead, the defendants diverted investor funds for their own benefit, Platkin said. Shahid Javed, 39, of Old Bridge, and Wilfredo Topacio, 64, of Woodbridge, were charged in an indictment with first-degree conspiracy, …

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by Jon Craig
Police & Fire
Mother, Son Admit Selling Cheap Parts To Military Through Jersey Shore Family Business: Feds Mother, Son Admit Selling Cheap Parts To Military Through Jersey Shore Family Business: Feds
Mother, Son Admit Selling Cheap Parts To Military Through Jersey Shore Family Business: Feds A New Jersey mother and son admitted to a years-long scheme to scam the Department of Defense by selling cheap military equipment not approved by their business's contracts, authorities said. Linda Mika, 73, of Jackson, pleaded guilty in federal court on Tuesday, July 23 to conspiracy to commit wire fraud, New Jersey's U.S. Attorney Philip Sellinger said in a news release. Her son, 53-year-old Kenneth Mika of Ewing, also pleaded guilty to the same charge on Tuesday, June 25. According to court documents and testimony, Linda and Kenneth Mika defrauded the DoD and the Defe…

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by Chris Spiker
News
Ex-NJ Bank Employee Stole $1M From Customer, Used Money To Fund Business Ventures: Cops Ex-NJ Bank Employee Stole $1M From Customer, Used Money To Fund Business Ventures: Cops
Ex-NJ Bank Employee Stole $1M From Customer, Used Money To Fund Business Ventures: Cops A former bank employee has been charged with stealing nearly $1 million from a customer whom he'd befriended then invested the money in side business ventures, authorities in Burlington County announced. Agha Hasan, 41, of Bordentown, is facing a litany of charges including theft by deception and tax evasion stemming from the  $998,188 in stolen money, dating back to 2018, Burlington County Prosecutor LaChia L. Bradshaw said. The investigation began last year after fraud investigators for Santander Bank contacted police about questionable transactions conducted and overseen by Ha…

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by Cecilia Levine
News
Philly Area Gravestone Salesman Scammed Mourners Out Of $1.5 Million, Feds Say Philly Area Gravestone Salesman Scammed Mourners Out Of $1.5 Million, Feds Say
Philly Area Gravestone Salesman Scammed Mourners Out Of $1.5 Million, Feds Say The owner of a headstone company is accused of ripping off hundreds of grieving customers across greater Philadelphia, federal prosecutors allege in an indictment.  Gregory J. Stefan Jr., 54, of Upper Merion, is charged with seven counts of wire fraud, according to the US Attorney's Office.  Between January 2018 and September of last year, Stefan accepted more than $1.5 million from customers who ordered memorials for loved ones, then failed to deliver the headstones they bought, authorities said. Stefan accepted the orders from nearly 500 customers through his companies 1843 LLC…

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by Mac Bullock
News
PA Gravestone Thief's Brother Bilked NJ Widow Out Of $5,000, Indictment Says PA Gravestone Thief's Brother Bilked NJ Widow Out Of $5,000, Indictment Says
PA Gravestone Thief's Brother Bilked NJ Widow Out Of $5,000, Indictment Says Another New Jersey widow has come forward alleging she was bilked out of money for a gravestone she never got. Jerry J. Stefan, 49, of Gladwyne, PA, has been indicted alleging he bilked a Deptford, NJ widow out of $5,054 for a gravestone she never received for her late husband. He's the brother of a Pennsylvania gravestone dealer already charged in three states with defrauding gravestone customers. A Gloucester County grand jury indicted Jerry J. Stefan on June 26 on a charge he never provided a gravestone or returned the money he took. He was indicted on a third-degree charge of failure t…

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by Jon Craig
News
Poor Conditions, Fraud: State Seizes Control Of 2 NJ Nursing Homes Poor Conditions, Fraud: State Seizes Control Of 2 NJ Nursing Homes
Poor Conditions, Fraud: State Seizes Control Of 2 NJ Nursing Homes A pair of South Jersey nursing homes, riddled with poor conditions and alleged Medicaid fraud, have been turned over to the control of an independent receiver, authorities said. The state Comptroller previously suspended the owners of Deptford Center for Rehabilitation and Healthcare and Hammonton Center for Rehabilitation and Healthcare from New Jersey Medicaid. A Superior Court judge ordered the appointment of Allen Wilen of the Eisner Advisory Group, LLC to run the nursing homes effective June 17, according to the New Jersey Comptroller's Office. The judge's appointment means that the r…

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by Jon Craig
Police & Fire
NY Judge Sees No Remorse, Sentences Bergen 'Bling Bishop' To 9 Years For Swindling Followers NY Judge Sees No Remorse, Sentences Bergen 'Bling Bishop' To 9 Years For Swindling Followers
NY Judge Sees No Remorse, Sentences Bergen 'Bling Bishop' To 9 Years For Swindling Followers 𝗨𝗣𝗗𝗔𝗧𝗘: A convicted con man from Bergen County known as the "Bling Bishop" used the opportunity he was given to speak before being sent to federal prison for nine years to annoy the judge on Monday. Lamor Whitehead of Paramus must serve a mandatory 7½ years following his conviction by a jury in lower Manhattan in March for swindling the life savings from a parishioners mother, among other crimes. One by one, some of those who were financially destroyed spoke to Manhattan Federal Court Judge Lorna Schofield during the June 17 sentencing hearing. Then it was Whitehead's turn. Bishop …

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by Jerry DeMarco
Police & Fire
UPDATE: NJ Man, 72, Admits Posing As Dead Guy To Collect Social Security, Medicaid For 14 Years UPDATE: NJ Man, 72, Admits Posing As Dead Guy To Collect Social Security, Medicaid For 14 Years
Update: NJ Man, 72, Admits Posing As Dead Guy To Collect Social Security, Medicaid For 14 Years A 72-year-old South Jersey resident admitted that he assumed a dead man's identity to collect more than $200,000 in Social Security payments and Medicaid benefits for 14 years. Dennis Gaudette of Franklinville was 57 years old when U.S. Attorney Philip R. Sellinger said he began the long-running con in March 2009. It continued until he was caught last year, the U.S. attorney said. Gaudette collected $43,464 in Social Security Retirement Income Benefits and $85,332.50 in Supplemental Security that he wasn't entitled to, Sellinger said. During the same time period, the state of Ne…

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by Jerry DeMarco
Police & Fire
'King James': NJ Lawyer Gets 4½ Years, No Early Release For $2 Million Theft From Family, More 'King James': NJ Lawyer Gets 4½ Years, No Early Release For $2 Million Theft From Family, More
'King James': NJ Lawyer Gets 4½ Years, No Early Release For $2 Million Theft From Family, More 𝗨𝗣𝗗𝗔𝗧𝗘: A once-prominent New Jersey lawyer must spend the next 4½ years in federal prison for swindling a family he represented out of $2 million -- and then, while on pre-trial release, impersonating another attorney in applying for a loan. The family had retained James R. Lisa, 68, of Jersey City, to gather millions that had been moved into offshore bank accounts by relatives decades ago and to resolve any tax issues that arose as a result, U.S. Attorney Philip R. Sellinger said. Soon after being retained, Lisa moved more than $6 million back into the United States but told the famil…

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by Jerry DeMarco