Fair 52°
Tag:

Robbins Lane Properties

News
NJ Con Man Who Swindled Elderly Out Of $2M Headed To Fed Pen NJ Con Man Who Swindled Elderly Out Of $2M Headed To Fed Pen
NJ Con Man Who Swindled Elderly Out Of $2M Headed To Fed Pen A confessed Somerset County con man is headed to federal prison for 6½ years for swindling elderly investors out of $2 million that he used, in part, to pay for his daughter’s college tuition and sorority fees. For nearly a decade, ex-financial advisor Daniel Rivera, 51, told primarily elderly investors that his Robbins Lane Properties was “staffed by experienced real estate professionals, Acting U.S. Attorney Rachael A. Honig said. Rivera promised a “guaranteed monthly income” thanks to a rate of return based on secure investments, she added. The truth, Honig said, was: “Robbins Lane had …

SHARE

by Jerry DeMarco