Pleasantville, N.J -Adam Lacerda has been indicted with six other individuals including his wife were indicted of having allegedly convincing owners of time shares to let them buy out the owners rights to the time shares at discount prices. The individuals where also able to convince time share owners to send them money to get the time shares sold. Mr. Lacerda has pleaded that he is innocent of the crimes he is charged with.
Newark, NJ-Prudential Financial Inc. (PRU) has sued Morgan Stanley and claims the financial giant engaged in common law fraud, negligent misrepresentation and interfered with the insures’ contractual rights in the sale of RMBS for $1 billion.
The case is Prudential v. Morgan Stanley, L-3080-12, Superior Court of New Jersey, Essex County (Newark).
The state of New Jersey has recovered $675,000 from Samuel E. Goodwin III, in a foreclosure scam, where Goodwin kept surplus monies after foreclosure and sherif’s sales of homes. Twenty four individuals will have 100% of the money, he stole from them returned.
Former hackensack, NJ Police Chief; Ken Zisa is currently on trial for insurance fraud. The former police chief is charged with allegedly removing a former girlfriend from the scene of an accident in 2008. She was suspected of being intoxicated. Zisa is also accused of filing insurance claims that where false.
Newark, NJ- Terry Dilligard II, his father, mother, former girlfriend and sister are named in an indictment that names 31 people in a fraud scheme. The scheme included monies being deposited into the State Department of Labors bank accounts for deceased individuals. This of course raised red flags.
Trenton, NJ- Edward Dombrowski formerly of Middlesex County, NJ and most recently of Acworth, Georgia was sentenced to 2 years in Federal prison for insurance fraud charges with damages reaching up to $16 million. Mr. Dombrowski entered a plea of guilty before court for conspiracy to commit wire fraud.