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Bergen County Man Admits Fraudulent Short Sale Scheme With Son to Defraud Mortgage Lenders

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the staff of the Ridgewood blog

Park Ridge NJ, A Bergen County, New Jersey, man today admitted his role in a scheme with his son to use straw buyers and short sales on properties to defraud mortgage lenders out of hundreds of thousands of dollars and to avoid paying taxes on the proceeds of the scheme, U.S. Attorney Craig Carpenito announced.

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Over A Dozen N.J. mayors were forced from office over criminal charges in the Last Decade

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October 1,2017
the staff of the Ridgewood blog

Ridgewood NJ, New Jersey has a long and proud history of public corruption.  A dozen Garden State mayors who have been forced to resign over the past decade due to criminal convictions. Mostly Democrats (10) ,but a few Republicans trying to get in on the action .

Paterson Mayor Jose “Joey” Torres, a Democrat, pleaded guilty on Friday to conspiracy to commit official misconduct for having employees with the Department of Public Works perform work for the mayor and his family members while bilking the city out of overtime. Torres follows a long line of Mayoral criminality .

Passaic Mayor Alex Blanco, a Democrat, was sentenced in April to more than two years in prison after pleading guilty to a federal bribery charge for soliciting $110,000 in bribes from developers in exchange for sending federal housing funds their way.

Passaic Mayor Samuel “Sammy” Rivera, a Democrat, pleaded guilty in 2008 to extortion for accepting $5,000 in cash from an insurance brokerage firm. Rivera, who was among 11 public officials swept up in a statewide FBI sting, was sentenced to 21 months in prison.

Newark Mayor Sharpe James, a Democrat, was convicted in 2008 on federal fraud and conspiracy charges for helping a woman described as his mistress buy nine plots in a city redevelopment zone, among other acts of wrongdoing. James was sentenced to 27 months in prison.

Trenton Mayor Tony Mack, a Democrat, was sentenced in May 2014 to nearly five years in prison in connection with a $119,000 bribery scheme linked to a parking garage project operated by FBI informants.

Hamilton Mayor John Bencivengo, a Democrat, was released from prison in December 2014 after serving more than 18 months in federal prison. He was sentenced to 38 months in prison for accepting $12,400 in bribes from Marliese Ljuba, a close friend and health insurance broker for the school district.

Hoboken Mayor Peter Cammaranno, a Democrat, was among 44 people swept up in Operation Bid Rig. Cammarano, who’d been in office for only 22 days before his arrest, was sentenced in August 2010 to two years in prison, and later disbarred.

Secaucus Mayor Dennis Elwell, a Democrat, was sentenced in April 2012 to two-and-a-half years in prison after he was convicted of accepting $10,000 in cash through a middleman from Solomon Dwek, as part of Operation Bid Rig. Elwell, who resigned from his position shortly after his arrest, later lost an appeal challenging his conviction.

Northvale Mayor Paul Bazela, a Democrat and a former foreman for the Passaic Valley Sewerage Commission, pleaded guilty to theft in March 2016 to having his workers perform renovations at the home of the commission’s former superintendent, Kevin Keogh, while on agency time. He was sentenced to three years in prison.

Guttenberg Mayor David Delle Donna, a Democrat, and his wife were each sentenced in 2008 to more than four years in prison for accepting more than $40,000 in gifts and cash campaign contributions from a local bar owner.

Of coarse Democrats don’t have all the fun ;

Manalapan Mayor Andrew Lucas, a Republican, was sentenced to five years in prison for fraud in connection with a $1.2 million farm deal. Convicted on charges of wire fraud, an illegal monetary transaction, loan application fraud, false statements to the IRS, aggravated identity theft, obstruction of a grand jury investigation and falsification of records in a federal investigation.

Chesterfield Mayor Lawrence Durr, a Republican, was sentenced in April 2016 to four years probation after he admitted to filing false ethics disclosure forms that failed to disclose his financial relationship with a real estate developer. Durr was accused in an indictment of selling development rights on his farm to Renaissance Properties at a profit and then using his official positions to advance the company’s interests in Chesterfield.

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Mike ‘The Situation’ Sorrentino, brother face new tax evasion charges

Mike ‘The Situation’ Sorrentino

By Karen Yi | NJ Advance Media for NJ.com
on April 07, 2017 at 3:36 PM, updated April 07, 2017 at 7:18 PM

NEWARK — Reality TV star Mike “The Situation” Sorrentino and his brother, Marc Sorrentino, were slammed with new charges on Friday including tax evasion and falsifying records, authorities said.

Michael Sorrentino, a breakout star of the MTV hit series “Jersey Shore,” is charged with tax evasion and making multiple cash deposits to evade reporting requirements. His brother, Marc Sorrentino, is charged with falsifying records to obstruct a grand jury investigation, U.S. Attorney William E. Fitzpatrick and Acting Deputy Assistant Attorney General Goldberg said.

The charges are in addition to a September 2014 indictment, in which the Sorrentino brothers were charged for tax offenses and conspiring to defraud the U.S. They both previously pleaded not guilty.

https://www.nj.com/essex/index.ssf/2017/04/mike_the_situation_and_brother_indicted_on_tax_eva.html#incart_river_home