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Bank Fraud

Real Estate
Chinese Billionaire Fraudster's Former Mansion Is Most Expensive NJ Listing At $33M Chinese Billionaire Fraudster's Former Mansion Is Most Expensive NJ Listing At $33M
Chinese Billionaire Fraudster's Former Mansion Is Most Expensive NJ Listing At $33M A historic Bergen County estate seized from a Chinese billionaire indicted in a $1 billion fraud scheme last year has become the most expensive residential listing in New Jersey, on the market for $33 million (scroll down to see the complete listing with photos). The Crocker Mansion, located at 675 Ramapo Valley Road in Mahwah, spans 50,000 square feet and sits on 12.5 gated acres. Originally built in 1907, the property features 21 bedrooms, a pool house, tennis courts, and a guest house. It was declared a historic landmark by Mahwah Township due to its unique place in local history. In Mar…

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by Cecilia Levine
Police & Fire
Thief Withdrew $9K After Stealing Senior's Wallet At Central Jersey ShopRite, Police Say Thief Withdrew $9K After Stealing Senior's Wallet At Central Jersey ShopRite, Police Say
Thief Withdrew $9K After Stealing Senior's Wallet At Central Jersey ShopRite, Police Say Howell police were looking for a man suspected of stealing an elderly person's wallet and withdrawing about $9,000 from their bank account, authorities said. The suspect was believed to have taken the wallet at the ShopRite supermarket on Route 9, the Howell Township Police Department said in a Facebook post. The man then went to a bank and used the victim's personal information to withdraw about $9,000 in cash. According to surveillance photos, the suspect appeared to go to a Bank of America location. A timestamp said the pictures were taken at around 11:53 a.m. on Satu…

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by Chris Spiker
Police & Fire
Toms River Man Led Scheme To Commit Mortgage, COVID-19 Business Loan Fraud: Feds Toms River Man Led Scheme To Commit Mortgage, COVID-19 Business Loan Fraud: Feds
Toms River Man Led Scheme To Commit Mortgage, Covid-19 Business Loan Fraud: Feds A Toms River man was accused of leading a multimillion-dollar scheme to commit mortgage fraud and steal federal COVID-19 loans, authorities said. Arthur Spitzer, 37, was indicted on 25 counts, New Jersey's U.S. Attorney Philip Sellinger said in a news release on Tuesday, Sept. 3. A grand jury also indicted 38-year-old Mendel Deutsch of Toms River and 42-year-old Joshua Feldberger of Howell Township in the case. According to the indictment, Spitzer got mortgage loans for real estate properties that he didn't own in New Jersey and Brooklyn, New York. He chose properties that ha…

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by Chris Spiker