Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Thursday, January 12, 2017
Ripping Off Elderly, Hurricane Sandy-Victimized Homeowner Out Of $173K For Labor & Construction Materials Never Performed Or Delivered Among Allegations Facing Home Improvement Contractor
From the Office of the Ocean County, New Jersey Prosecutor's Office:
Ocean County Prosecutor Joseph D. Coronato  announced that on Tuesday (12/20) the Ocean County Grand Jury indicted Ralph Triboletti III, 50 yoa, owner of Trimor Construction, L.L.C. for the commission of Sandy Fraud. Its alleged Triboletti took money from two homeowners in Borough of Tuckerton to do work on their homes that he never completed. Triboletti has been released on $20,000 bail set by Superior Court Judge James Blaney, J.S.C. to answer the charges on a future date.
The two events outlined in the Indictment allege that one elderly victim was scammed out of approximately $173,000 for building materials on his new home that were never delivered and for labor that was never performed. It alleges further that Triboletti scammed another homeowner out of about $21,000 for a home elevation project that he never completed.
The specific counts of the Indictment include one count of Theft by Failure to Make Required Disposition – Second Degree (more than $75,000), one count of Theft by Failure to Make Required Disposition – Third Degree (more $500 and less than $75,000) and one count of Unregistered Home Improvement Contracting – Fourth Degree.
The investigation is ongoing and is being conducted in cooperation with the Tuckerton Borough Police Department and Ocean County Department of Consumer Affairs. Anyone who has not already reported a theft and believes that they have been defrauded by Ralph Triboletti III or Trimor Construction, LLC should contact Detective Lindsay Llauget of the Economic Crime Unit of Ocean County Prosecutor’s Office at (732) 929-2027 x 3462.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
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