Tag:

Money Laundering

South Jersey Man Who Stole $50K From Grieving Families In Headstone Scam Indicted: Prosecutors South Jersey Man Who Stole $50K From Grieving Families In Headstone Scam Indicted: Prosecutors
South Jersey Man Who Stole $50K From Grieving Families In Headstone Scam Indicted: Prosecutors A Mays Landing man who operated a headstone business has been indicted after he was accused of defrauding more than 30 grieving families out of about $50,000, authorities said. A grand jury handed down the indictment against 71-year-old Jiolio "Joe" Cincotti on Thursday, Dec. 12, the Atlantic County Prosecutor's Office said in a news release. He was charged with third-degree theft by deception and money laundering offenses after taking payments for headstones that were never delivered. Investigators said between October 2020 and December 2023, Cincotti owned and operated Atlantic …
Secret Rutgers Drug Network Exposed: Seven Arrested In Undercover Bust, Prosecutors Say Secret Rutgers Drug Network Exposed: Seven Arrested In Undercover Bust, Prosecutors Say
Secret Rutgers Drug Network Exposed: Seven Arrested In Undercover Bust, Prosecutors Say A covert social media network used by Rutgers University students to buy and sell drugs led to seven arrests following a months-long investigation, authorities said. The seven were arrested as part of the "Operation RU Pharm" investigation, Middlesex County Prosecutor Yolanda Ciccone said in a news release on Thursday, Dec. 5. The undercover operation exposed a private social media network used by Rutgers students to distribute and purchase drugs. Investigators said they uncovered the online platform created by a former Rutgers student. Dealers posted menus of drugs for students w…
19 Arrested During Targeted Crackdown On Drugs, Guns In Atlantic City: Police 19 Arrested During Targeted Crackdown On Drugs, Guns In Atlantic City: Police
19 Arrested During Targeted Crackdown On Drugs, Guns In Atlantic City: Police Nearly 20 people have been arrested in a major crackdown on drugs and illegal guns in Atlantic City, authorities said. The Atlantic City Police Department announced the 19 arrests in a news release on Wednesday, Nov. 27. A weeks-long operation targeted drug activity and "quality-of-life issues" in the neighborhoods surrounding Florida, Bellevue, and Texas avenues. Police seized 195 bags of heroin, more than 117 grams of cocaine, five grams of methamphetamine, 11 ecstasy pills, various prescription drugs, and two guns. Several vehicles, including an illegal dirt bike, wer…
FBI Thwarts Iran-Linked Plan To Assassinate Donald Trump, DOJ Says FBI Thwarts Iran-Linked Plan To Assassinate Donald Trump, DOJ Says
FBI Thwarts Iran-Linked Plan To Assassinate Donald Trump, DOJ Says An Iranian operative and two associates living in America have been charged in a murder-for-hire plot targeting United States citizens, including President-elect Donald Trump. Federal authorities have charged Farhad Shakeri, an alleged operative of Iran’s Islamic Revolutionary Guard Corps (IRGC), along with two New York City associates in a plot to assassinate a US citizen critical of the Iranian government.  The case highlights the continued threat posed by Iran’s attempts to silence dissidents and even target top US. officials. According to the Department of Justice criminal complai…
NJ-Based TD Bank Fined $3B For Allowing Drug Dealers, Human Traffickers To Launder Money: Feds NJ-Based TD Bank Fined $3B For Allowing Drug Dealers, Human Traffickers To Launder Money: Feds
Nj-based TD Bank Fined $3B For Allowing Drug Dealers, Human Traffickers To Launder Money: Feds TD Bank has agreed to pay about $3 billion in historic penalties after its relaxed policies allowed criminals to launder their money, authorities said. The Canadian bank with U.S. headquarters in Cherry Hill pleaded guilty to charges of conspiring to not maintain an anti-money laundering program that complies with the Bank Secrecy Act, filing inaccurate currency transaction reports, and laundering money, the Justice Department said in a news release on Thursday, Oct. 10. TD Bank will pay more than $1.8 billion to resolve the DOJ's investigation and $1.3 billion in a penalty f…
FBI Helps Catch Woman Wanted In Princeton Armed Bank Robbery, Police Say FBI Helps Catch Woman Wanted In Princeton Armed Bank Robbery, Police Say
FBI Helps Catch Woman Wanted In Princeton Armed Bank Robbery, Police Say A Skillman woman was accused of robbing a bank in Princeton about two months ago, authorities said. Ciara Brascom, 37, was arrested on Tuesday, Sept. 26, the Princeton Police Department said in a news release. She was wanted in an armed robbery at TD Bank. Officers responded to a panic alarm at the State Road bank on Sunday, July 28. A teller then called 911 to report the robbery in progress. Investigators said the suspect approached the counter, pulled out a black semi-automatic gun, and handed the teller a note that demanded money. The suspect got an undisclosed …
Jersey Shore Salesman Used Client's Credit Card In $200K+ Scheme, Prosecutors Say Jersey Shore Salesman Used Client's Credit Card In $200K+ Scheme, Prosecutors Say
Jersey Shore Salesman Used Client's Credit Card In $200K+ Scheme, Prosecutors Say A Manasquan man was accused of using a former business client’s credit card to buy and resell items in a more than $200,000 scheme, authorities said. Adam Kleinwaks, 55, was charged with second-degree money laundering and theft by unlawful taking, Monmouth County Prosecutor Raymond Santiago said in a news release on Wednesday, Sept. 4. Kleinwaks is a sales representative for Standard Printing Company, according to its website. Investigators said Kleinwaks purchased more than $130,000 of items with a former client's credit card. He then removed labels from "recr…
South Jersey Woman Who Paid $20K For Service Dog Scammed By WV Breeder, Police Say South Jersey Woman Who Paid $20K For Service Dog Scammed By WV Breeder, Police Say
South Jersey Woman Who Paid $20K For Service Dog Scammed By WV Breeder, Police Say A West Virginia woman was accused of stealing thousands of dollars from a Galloway Township woman who ordered a service dog but never received one, authorities said. Catherine Causey, 52, of Kearneysville, WV, was arrested on Tuesday, Aug. 20, the Galloway Township Police Department said in a news release. She was charged with theft by deception and money laundering. Galloway police received a report on Tuesday, June 18 of an ongoing theft of about $20,000. A woman said she never received a service dog from Causey Labradors and Training despite making full payments and having cont…
$1.1M In Drugs, 5 Firearms, $65K Seized From NJ Man, Prosecutor Says $1.1M In Drugs, 5 Firearms, $65K Seized From NJ Man, Prosecutor Says
$1.1M In Drugs, 5 Firearms, $65K Seized From NJ Man, Prosecutor Says A 35-year-old Mercer County man is facing a slew of charges after investigators uncovered $1.1 million in drugs, five handguns, and $65,000 in cash from him, authorities said. James Nalbone Jr., 35, of Hamilton Township, was arrested on Wednesday, Aug. 7, following a month-long investigation, Acting Mercer County Prosecutor Theresa L. Hilton said. Detectives detained Nalbone at his home on Byron Avenue and executed a search warrant, Hilton said. Sgt. Tom Paglione's K-9 partner, Indy, gave positive indications of a drug odor at multiple locations within the premises, poli…
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, …
Woman Sentenced For Using Son In Marijuana, Mushroom 'Business' On Jersey Shore: Prosecutors Woman Sentenced For Using Son In Marijuana, Mushroom 'Business' On Jersey Shore: Prosecutors
Woman Sentenced For Using Son In Marijuana, Mushroom 'Business' On Jersey Shore: Prosecutors A Somers Point woman will spend several years in prison after admitting to using her teen son to sell marijuana and psychedelic mushrooms through an unlicensed business promoted on Facebook, authorities said. Donna Shiffler, 40, was sentenced on Tuesday, July 9 to five years in state prison, the Atlantic County Prosecutor's Office said in a news release. She pleaded guilty on Tuesday, Apr. 30 to first-degree employing a juvenile, first-degree possession with the intent to distribute marijuana, first-degree maintaining a production facility, and second-degree endangering the welfare of a…
South Jersey Man Sentenced In $4M Money-Laundering Scheme South Jersey Man Sentenced In $4M Money-Laundering Scheme
South Jersey Man Sentenced In $4M Money-Laundering Scheme A Burlington County man was sentenced to 33 months in federal prison for illegally laundering more than $4 million in proceeds from a mail fraud scheme, authorities said. Pablo Estrada, 27, of Florence, previously pleaded guilty to one count of money laundering, according to U.S. Attorney Philip R. Sellinger. He was sentenced on Wednesday, June 12. In addition to the prison term, Estrada was ordered to pay restitution of $4.21 million. According to documents filed in this case and statements made in court: From August 2020 through January 2023, Estrada received money from victims of …
Four People Sold Psychedelic Mushrooms, Marijuana At Atlantic City Convenience Stores: Police Four People Sold Psychedelic Mushrooms, Marijuana At Atlantic City Convenience Stores: Police
Four People Sold Psychedelic Mushrooms, Marijuana At Atlantic City Convenience Stores: Police Four people from Atlantic City were accused of selling psychedelic mushrooms and marijuana at two convenience stores, authorities said. Atlantic City police raided Tha Afty on South Rhode Island Avenue and Tha Afty Express on Atlantic Avenue on Wednesday, May 29, the department said in a news release. Officers also executed search warrants on a home on the 1100 block of Adriatic Avenue and three vehicles. Charles Butler, 46, and Tiarra Rodriguez, 35, were taken into custody as they left their home. Police also arrested a family member, 18-year-old Amir Butler, and a store employee, 38-…