It must be the air. What else could explain another breaking story about fraud by a New Jersey resident? This time to the tune of $45 million in a Ponzi scheme.
As reported in the Star Ledger, Montclair resident Antoinette Hodgson “told her alleged victims she was using their money to buy and renovate homes and then sell them for profit, authorities said.”
“But in truth, authorities say, she used money from new investors to repay older investors and spent hundreds of thousands of dollars at casinos in Atlantic City and Las Vegas. She also spent more $700,000 on a Dunkin Donuts franchise in Arizona, authorities said.”
Don't get me wrong, I love New Jersey, been here for more than 30 years and plan on staying another 30 years.
The Star Ledger article can be found here.
For your next title order or
if you have questions about what you see here, contact
Stephen M. Flatow, Esq.
Vested Title Inc.
165 Passaic Avenue, Suite 101
Fairfield, NJ 07004
Tel 973-808-6130 - Fax 201-656-4506
E-mail vti@vested.com - www.vested.com
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