Wednesday - October 30, 2024
News Tipoffs - New Jersey Editors Newsletter for Tuesday June 18, 2024 ( 6 items )  

Attorney General Platkin Announces Racketeering Charges Against Six Defendants in Criminal Enterprise Led by George Norcross
TRENTON, New Jersey, June 18 -- New Jersey Attorney General Matthew J. Platkin issued the following news release on June 17, 2024: Attorney General Matthew J. Platkin and the Office of Public Integrity and Accountability (OPIA) today announced the filing of criminal charges against six defendants following a years-long investigation into a criminal enterprise run by George E. Norcross III and his associates in South Jersey and elsewhere. The thirteen-count indictment unsealed today alleges that  more

Farmer Mac to Redeem Outstanding Series C Preferred Stock
WASHINGTON, June 18 -- Farmer Mac issued the following news release on June 17, 2024: The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.PRC) has announced that it intends to provide notice to the holders of its 6.000% Fixed- to-Floating Rate Non-Cumulative Preferred Stock, Series C (the "Series C Preferred Stock") of the redemption of all of its outstanding 3,000,000 shares of Series C Preferred Stock. Farmer Mac will redeem the Series C Preferred Stock for a redempt  more

N.J. U.S. Attorney: Jersey City Man Sentenced to 16 Years in Prison for Narcotics and Firearms Offenses
NEWARK, New Jersey, June 18 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on June 17, 2024: A Hudson County, New Jersey, man was sentenced today to 192 months in prison for drug distribution and weapons offenses, U.S. Attorney Philip R. Sellinger announced. Jabar Evans, 45, of Jersey City, New Jersey, was convicted on Oct. 20, 2023, of unlawful possession of a firearm, possession with intent to distribute controlled substances and possessio  more

N.J. U.S. Attorney: Real Estate Investor Pleads Guilty to $54.7M Mortgage Fraud Conspiracy
TRENTON, New Jersey, June 18 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on June 17, 2024: A New Jersey man pleaded guilty today to engaging in an extensive, multi-year conspiracy to fraudulently obtain over $54.7 million in loans and to fraudulently acquire multifamily and commercial properties. According to court documents, between 2016 and 2022, Aron Puretz, 53, conspired with others to deceive lenders into issuing multifamily and comm  more

N.Y. U.S. Attorney: Lamor Whitehead, Brooklyn Church Leader, Sentenced to Nine Years in Prison for Fraud, Extortion, and False Statements
NEW YORK, June 18 -- The office of the U.S. Attorney for the Southern District of New York issued the following news release on June 17, 2024: Damian Williams, the United States Attorney for the Southern District of New York, announced that LAMOR WHITEHEAD was sentenced today by U.S. District Judge Lorna G. Schofield to nine years in prison for wire fraud, attempted wire fraud, attempted extortion, and making false statements to federal law enforcement agents. WHITEHEAD was previously convicted  more

U.S. Army North, National Guard, FEMA train for hurricane response
JOINT BASE SAN ANTONIO-LACKLAND, Texas, June 17 -- The U.S. Air Force Joint Base San Antonio-Lackland (16th Air Force) issued the following news: More than 150 military and civilian partners joined the U.S. Army North in person and virtually for a Hurricane Rehearsal of Concept (ROC) Drill on June 4. "We are being watched every day to see how we handle these types of crises," said Lt. Gen. John R. Evans Jr., U.S. Army North commander. "The more decisive we are in our response, the more pause t  more