The Friend Who Stole a Million: New Jersey “Financial Pro” Pleads Guilty to Heartbreaking $1.1M Elder Fraud Scheme
the staff of the Ridgewood blog
He targeted the widow of a late friend and elderly neighbors, promising secure investments. Instead, Antonio Petrosino used $1.1 million of victim funds to fuel a luxury lifestyle and gambling habit. Here is the story of the Wyckoff fraud case that has shocked the community.
WYCKOFF, N.J. — For nearly a decade, Antonio “Anthony” Petrosino played the part of a trusted financial advisor. But behind the falsified investment statements and “expert” advice was a predatory scheme that drained the life savings of elderly victims and even the widow of a deceased friend.
