Archives For New Jersey

Nancy Wolf-Fels, 57, Toms River, New Jersey; Dwayne Onque, 46, Belleville, New Jersey; and Mashon Onque, 43, East Orange, New Jersey, were convicted by a federal jury of conspiring to defraud financial institutions as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos.

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Andrew Lucas, 37, the former mayor of Manalapan, New Jersey, was convicted at trial on charges related to his acquisition of farmland in Monmouth County, New Jersey.  The jury found that Lucas provided falsified tax returns, including a falsified tax return for a relative whose name was also on the loan application, as well as falsely reported that he had a total of $210,000 in cash.

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Howard Drossner, 53, Ambler, Pennsylvania, was sentenced to 40 months in prison for conspiring to defraud FirstPlus Financial Group Inc., a Texas-based financial services company, which had been targeted for extortionate takeover and looting by a group led by Lucchese organized crime family member Nicodemo S. Scarfo.

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Fred Todd, 61, Lakewood, New Jersey, admitted his role in a scheme that defrauded investors in connection with several real estate deals and a Facebook IPO.

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Sean A. Souels, 44, Linden, New Jersey, a pastor of the now-defunct ReBirth International Church, Elizabeth, New Jersey, admitted to defrauding financial institutions as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos.

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Eliyahu Weinstein, 39, Lakewood, New Jersey, who was previously sentenced to 22 years in prison for running a real estate investment fraud scheme that caused $200 million in losses, admitted that he also defrauded investors in connection with the Facebook IPO and several additional real estate deals and then laundered the proceeds of the scheme.

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Larry Fullenwider, 63, Belleville, New Jersey, admitted conspiring to defraud financial institutions as part of a $15 million mortgage fraud scheme that used phony documents and straw buyers to make illegal profits on overbuilt condos.

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Muhammad Shafique, 44, Egg Harbor Township, New Jersey, man was sentenced today to 57 months in prison for trafficking millions of dollars in contraband cigarettes, laundering the proceeds through his South Jersey store and participating in a $2 million mortgage scheme in New York.

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Linda Yarleque, 44, and Fabio Moreno Vargas, 47, Bergen County, New Jersey, husband and wife, were both sentenced to prison for lying about their employment, income, and other financial information in order to fraudulently obtain millions in mortgages.

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Robert Kahan, 68, Sunny Isles Beach, Florida, the developer of three Trenton, New Jersey, affordable housing projects admitted that he made false statements to a financial institution to divert project money for personal and other unauthorized purposes, and to conducting a transaction with the proceeds of this crime.

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