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Judge allows Glen Rock man accused of scamming investors to remain free on bail

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FEBRUARY 8, 2016, 2:17 PM    LAST UPDATED: MONDAY, FEBRUARY 8, 2016, 4:56 PM
BY PETER J. SAMPSON
STAFF WRITER |
THE RECORD

A judge on Monday denied the government’s request to revoke the bail of a Glen Rock man who prosecutors alleged had begun to scam new investors while awaiting sentencing for bilking more than $3 million from 15 victims.

Without conducting a hearing, U.S. District Judge William J. Martini issued an order rejecting the government’s bid to detain Paul Mancuso, 49. The judge also set a new sentencing date of March 8.

Last week, lawyers for the government and Mancuso gathered in Martini’s Newark courtroom for a hearing on the bail revocation request when the hearing was abruptly canceled. An aide to the judge said Monday that he based his ruling on the papers that had been previously filed with the court.

https://www.northjersey.com/news/judge-allows-glen-rock-man-accused-of-scamming-investors-to-remain-free-on-bail-1.1508105

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