Saturday, July 07, 2007

New Jersey Man Charged In Alleged Distressed Property Scam

Michael Weinberg, 53 of Sparta, New Jersey and who allegedly collected more than $200,000 from his real estate clients for access to properties on the foreclosure and tax liens lists, was charged with theft by deception by Morris Township police after an investigation revealed he did not provide the services for which he was being paid, according to The Sparta Independent. Weinberg was also charged with theft by failure to make the required disposition of property received and issuing back checks. For more, see Morris Township police nab white collar criminal.