The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Newark NJ, on Thursday, the UK and US governments imposed sanctions against seven Russian citizens for their involvement in the development of TrickBot, Ryuk and Conti Trojans.
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Bellmawr NJ, a Pennsylvania man today admitted his role in a bank fraud conspiracy that targeted 12 financial institutions in southern New Jersey and southeastern Pennsylvania, U.S. Attorney Philip R. Sellinger announced.
file photo by Boyd Loving
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Newark NJ, Four individuals have pleaded guilty to conspiracy to commit bank fraud and related crimes, Acting U.S. Attorney Rachael A. Honig announced today.
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Wyckoff NJ, a Bergen County, New Jersey, man was arrested today on charges of engaging in mortgage fraud, fraudulently obtaining an SBA loan, and stealing another person’s identity information, Acting U.S. Attorney Rachael A. Honig announced.
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Upper Saddle River NJ, a Bergen County, man today admitted that he defrauded lenders and corporations of $4.9 million by impersonating two bank executives interested in funding syndicated loans for global companies, U.S. Attorney Craig Carpenito announced.
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Newark NJ, Twelve people have been charged for their participation in a scheme to steal and alter checks from the mail and engage in bank fraud, U.S. Attorney Craig Carpenito announced today.
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Hackensack NJ, A U.S. Postal Service (USPS) employee was arrested today for stealing mail and committing bank fraud, including stealing checks sent through the mail and fraudulently depositing those checks without authorization, U.S. Attorney Craig Carpenito announced.
Continue reading Bergen County Postal Employee Arrested for Bank Fraud and Mail Theft
photo by Boyd Loving
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NEWARK NJ, Four people were arrested today for their roles in a conspiracy to commit bank fraud, including soliciting U.S. Postal Service (USPS) employees to steal check books and credit cards from the mail, depositing fraudulent checks, including pandemic relief checks, and using credit cards without authorization, U.S. Attorney Craig Carpenito announced.
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Cliffside Park NJ, A Bergen County, attorney was arrested today and charged with fraudulently obtaining approximately $9 million in Paycheck Protection Program (PPP) loans, U.S. Attorney Craig Carpenito and Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division, announced.
Jae H. Choi, 48, of Cliffside Park, New Jersey, is charged by complaint with three counts of bank fraud and one count of money laundering. He is expected to make his initial appearance by videoconference today before U.S. Magistrate Judge James B. Clark III.
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Camden NJ, Eleven people have been charged for their alleged roles in a large-scale conspiracy to commit bank fraud over in southern New Jersey and southeastern Pennsylvania over the course of four years, U.S. Attorney Craig Carpenito announced today.
The complaints unsealed today charge each of the defendants with bank fraud conspiracy in connection with a scheme that used hundreds of fraudulent accounts to defraud several major banks of $6 million and then launder that money and send it overseas to other conspirators.
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Oradell NJ, according to the Oradell Police on 11/21/19 the Oradell Police Department was notified of a fraudulent transaction at the Chase Bank on Kinderkamack Road. Responding officers made contact with a suspect who was attempting to transfer $14,000 from a customer’s account to another account. After officers were provided fraudulent documentation the suspect was placed under arrest.
Continue reading Oradell Police Arrest Fleeing Suspect in Bank Fraud Transaction
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Ridgewood NJ, Ridgewood Police report Ridgewood residents hit by multiply check and bank fraud.
A Chester, N.Y. resident responded to Ridgewood Police headquarters on December 14th to report a theft and a fraud occurred in the Village of Ridgewood in the past. The victim reported three fraudulent withdrawals were made at two Ridgewood bank locations. The victim reported after discovering the fraudulent withdrawals he then reported the incident to Chase Bank and closed the account. Chase Bank advised the victim two incidents occurred in the Village of Ridgewood on 12/8/18 and a third withdrawal was made in Somerville, N.J. Chase Bank is reportedly investigating the incidents.
A Grandview Circle resident responded to Ridgewood Police headquarters to report a theft of impersonation. The victim reported discovering three fraudulent charges were made on the victim’s TD Bank account in April 2018. The fraudulent activity was reported to TD Bank and determined to have been made to a paypal account in Bejing in the amount of $297.
A Norgate Drive resident responded to Ridgewood Police headquarters on December 18th to report a fraud. The victim reported an unknown actor withdrew money from his checking account without authorization on three separate occasions between 12/8/18 and 12/17/18. The incident was reported to the victim’s bank fraud department.
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Cranford NJ, The former CEO of First State Bank, a financier, and a New Jersey business owner were indicted today by a federal grand jury for their roles in an elaborate scheme to deceive the Federal Deposit Insurance Corporation (FDIC) and to deceive and defraud the now defunct First State Bank (FSB), formerly located in Cranford, New Jersey, U.S. Attorney Craig Carpenito announced.
Joseph Natale, Albert Gasparro, and Gary Ketchum were charged with conspiracy to mislead the FDIC and FSB, misleading those two entities, conspiracy to commit bank fraud and bank fraud in a 13-count indictment. Donna Conroy, a conspirator, pleaded guilty in May 2017 and is awaiting sentencing.
Continue reading Former NJ Bank CEO, Financier, And Business Owner Indicted For Bank Fraud
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Newark NJ, A New Jersey attorney today admitted running a large-scale mortgage fraud scheme that involved properties in Jersey City, Clifton, Union, and elsewhere in New Jersey and caused losses of millions of dollars, U.S. Attorney Craig Carpenito announced.
Continue reading New Jersey Attorney Admits Role In Multimillion-Dollar Mortgage Fraud Scheme