Friday, June 19, 2009

New Jersey Man Accused Of Fraudulently Pocketing $75K+ In Mortgage Loan Proceeds Secured By Unwitting Father-In-Law's Vacation Home

In Bergen County, New Jersey, Examiner.com reports:
  • A 68-year-old car salesman ripped off his father-in-law to the tune of $150,000 by impersonating him, authorities said [...]. Besides obtaining more than $75,000 through various accounts and leases, Jerome A. Singer of Ridgewood also took out a $75,000 mortgage on his father-in-law's Long Beach Island vacation home by posing as him, Bergen County Prosecutor John L. Molinelli said. Singer of Ridgewood was arrested [...] after the victim notified detectives of what was going on, the prosecutor said. The thievery began sometime in 2003 and ended last year, he said. Singer, who worked at Ramsey Mazda, is charged with theft by deception and criminal impersonation.

Source: Posing as father-in-law, he rips off $150,000.

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