Laws

Attorney General Sues Foreclosure Rescue Operations for Fraud and Racketeering

TRENTON, NJ - October 20, 2008 - (RealEstateRama) — Attorney General Anne Milgram today announced the filing of lawsuits charging a total of 37 mortgage loan providers, mortgage industry employees, lawyers and other defendants with consumer fraud and civil racketeering for using predatory “foreclosure rescue” schemes to persuade desperate homeowners to sign over their homes.
The […]

Monmouth County Man Pleads Guilty to First-Degree Money Laundering in $2.9 Million Mortgage and Investment Scams

TRENTON, NJ - October 17, 2008 - (RealEstateRama) — Attorney General Anne Milgram announced that a Monmouth County man pleaded guilty today to first-degree money laundering in connection with a series of mortgage and investment scams through which he and his girlfriend stole approximately $2.9 million from victims.

New Jersey REALTORS® Call on Lawmakers to Take More Steps to Stimulate the State’s Housing Market

Edison, NJ - October 17, 2008 - (RealEstateRama) — New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod Grasso issued the following statement in reaction to Governor Corzine’s economic address to a joint session of the New Jersey Legislature:

Three Members of Jersey City Family Sentenced for Their Roles in a $573,000 Bogus Homestead Rebate Applications Scam

TRENTON, NJ - September 16, 2008 - (RealEstateRama) — Attorney General Anne Milgram announced that three Jersey City siblings have been sentenced for aiding their father and his business partner in stealing $573,383 from the state by filing fraudulent applications for 745 Homestead Rebate checks.

O’SCANLON AND CASAGRANDE ASK WHEN WILL NEW JERSEY ADDRESS PROPERTY TAX RELIEF

Trenton, NJ - August 20, 2008 - (RealEstateRama) — As Governor Corzine joined Senator Robert Menendez and Congressman Rush Holt today in Monroe Township to discuss a new federal property tax relief initiative, Assemblyman Declan O’Scanlon and Assemblywoman Caroline Casagrande, both representing the 12th Legislative District, questioned why the governor has not devoted more attention […]

Woman Pleads Guilty to Money Laundering for Assisting Boyfriend in $3 Million Mortgage and Investment Scams

TRENTON - Attorney General Anne Milgram and Acting Criminal Justice Director Deborah Gramiccioni announced that a Monmouth County woman pleaded guilty to money laundering today in connection with a series of mortgage and investment scams allegedly orchestrated by her boyfriend through which they stole more than $3 million from victims.

Attorney General Announces Mortgage Fraud Lawsuits

TRENTON — Attorney General Anne Milgram filed mortgage fraud lawsuits against 36 defendants charging consumer fraud and civil racketeering by various mortgage brokers, real estate entities and others throughout New Jersey.
The unrelated complaints accuse defendants of inducing consumers to buy property on the basis of false promises and misrepresentations, and of taking out mortgage loans […]

Bridgewater Couple Charged with Using Their Positions as Trustees of a Community Organization to Transfer Its Valuable Real Estate and $30,000 to Companies They Created

TRENTON, NJ - February 5, 2008 - Attorney General Anne Milgram and Criminal Justice Director Gregory A. Paw announced that a Bridgewater man and his wife were charged today with using their positions as trustees of the Martinsville Community Center to deed the center’s valuable land and building for one dollar to a company they […]

Attorney General Announces Successful Defense of Highlands Protection Act

TRENTON - January 11, 2008 - Attorney General Anne Milgram announced today that the state has successfully defended a challenge to the Highlands Water Protection and Planning Act, the 2004 law designed to protect water and other natural resources in an area of northwestern New Jersey spanning parts of seven counties.

Ruling Affirms State-Imposed Penalty on Developer for Ignoring Law

Town and Country Fined $600,000-Plus for Installing Residential Sewer Line Without Permit
TRENTON, October 19, 2007 – A three-judge Appellate panel has upheld the state’s assessment of a $600,000 penalty against a developer who installed a major sewer line without first obtaining the required state permit, Attorney General Anne Milgram announced today.

Sterns & Weinroth Welcomes Roxanne E. Jayne

Trenton, NJ, August 21, 2007 – Sterns & Weinroth, P.C. is pleased to announce the expansion of its Real Estate/Transactional Practice Group, with the addition of Roxanne E. Jayne, who has joined the firm as a Director.

14,000 N.J. Borrowers Eligible for Total of $11. 7 Million Restitution

Consumers must mail completed and signed forms to the Settlement Administrator by September 10, 2007.
TRENTON – Attorney General Anne Milgram announced - July 12 - that approximately 14,000 Ameriquest Mortgage Company consumers in New Jersey are eligible to receive a total of $11.7 million in restitution from Ameriquest and its related companies as part of a […]