JANUARY 26, 2016, 11:51 AM LAST UPDATED: TUESDAY, JANUARY 26, 2016, 4:08 PM
BY PETER J. SAMPSON
STAFF WRITER |
THE RECORD
A Glen Rock man who is awaiting sentencing for bilking upwards of $3 million from more than a dozen investors is at it again, federal authorities allege, using a phony alias to scam new victims.
The new allegations against Paul Mancuso, 49, were leveled in a letter that a federal prosecutor sent last week to U.S. District Judge William J. Martini in Newark requesting that his $250,000 bail be revoked and that he be detained pending sentencing.
“Despite having pled guilty [in September] to defrauding numerous victims over a three-year period of more than $3 million, Mancuso is continuing to hold himself out as a real estate entrepreneur — using a phony alias — in a brazen attempt to lure additional victims into fraudulent real estate transactions,” Assistant U.S. Attorney Anthony J. Mahajan wrote in his letter to the judge.