Archives For George Bussanich Jr.

George Bussanich Sr., 56, Park Ridge, New Jersey, and his son, George Bussanich Jr., 35, Upper Saddle River, New Jersey, were arrested for engaging in a short sale buy-back scheme that used straw buyers and short sales on two Bergen County, New Jersey, properties to defraud mortgage lenders out of hundreds of thousands of dollar.  Each were charged by indictment with one count of conspiracy to commit bank fraud and two counts of bank fraud. They are scheduled to appear this afternoon before U.S. Magistrate Judge Cathy L. Waldor in Newark federal court.   Continue Reading…