Blog Archives
Delaware River Port Authority Comptroller In Hot Water Over Fraud
NJ Comptroller is in hot water over the Delaware River Port Authority(DRPA), and allegation of fraud and misuse of millions of dollars of toll payer funds that have gone to hand outs. In many cases to DRPA officials.
Unemployment Fraud, Theft And Forgery In Atlantic City, New Jersey
An individual who is accused of alleged unemployment fraud has had charges pressed against him for several forgery accounts and theft charges in connection with checks from an Atlantic City casino.
44 Charged by U.S. in New Jersey Corruption Sweep
44 Charged by U.S. in New Jersey Corruption Sweep including bank fraud
A two year sting that was investigating money laundering and corruption that stretched from the Jersey shore to Israel and to Switzerland ended up bringing charges being filed against 44 people. The cases include: bank fraud to bribing government officials.
Three plead guilty in fraud and pyramid scheme
Guilty Pleas in Fraud and Pyramid Scheme
Three Millburn, NJ officials of a small brokerage firm pleaded guilty today to securities fraud and a pyramid scheme that may have included 7,000 people of more than $120 million over a ten year period. The three alleged sold illegal municipal bonds as collateral for personal and commercial loans to benefits themselves and business ventures.
Head of Collapsed Brokerage Gets Split Fraud-Trial Verdict
Ex President of Collapsed Securities Brokerage convicted of tax fraud
Gilbert C. Schulman 30, was found guilty and convicted for tax fraud by a Federal jury in Newark, NJ. They reached no verdict on security fraud charges against him.
Former New York Stock Exchange Specialist Sentenced For Federal Securities Fraud
Two Sentenced For Federal Securities Fraud
New York- The New York State Exchange has sentenced two former registered specialists: Michael Hayward, 53 of Ramsey, NJ and Michael Stern 56 of New Canann, Conn. on the New York stock exchange to six months in Federal prison on charges of securities fraud.
S.L. man and 4 others charged in alleged securities fraud scheme
Five charged in alleged stock fraud scheme
Kevin J Ruggerio a Lyndhurst securities broker has been indicted in an alleged securities fraud scheme along with Max C. Tanner a Las Vegas attorney, Dennis D. Evans a Las Vegas stock promoter and Mark A. Taylor of Tampa Fla. also a stock promotor. The individuals joined in an agreement to defraud investors through stock sales.
N. J. man admits embezzling $125,000 from local firm
N. J. man admits embezzling $125,000 from local firm
Jeffrey Kamikow, 40 from Livingstone, New Jersey pleaded guilty to falsifying business records and offering a false instrument for filling. The restitution that amounted to over $140,000.
Lawyer From Bergen County, New Jersey Confesses Guilty to $400,000 Mortgage Fraud Scheme
Lawyer Confesses Guilty to $400,000 in Mortgage Fraud
Michael R. Senick of Old Tappan, NJ confesses to being part of a mortgage fraud scheme where lenders issued up to $400,000 in mortgage funding between January 2004 and January 2006. This is another “straw” buyer scheme that has come to light in mortgage lending.
Debit Card Fraud Unfounded
Debit Card Fraud
Employees from a local insurance company had their bank accounts tampered with. The victims allegedly used their debit cards at Hopewell Sub and Pizza. The owner of the restaurant was contacted by a bank and is installing a wireless firewall network to help protect patrons from being hacked.
Tonacchio Law LC 