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Money

Investment Rip-Off: Charged with Stealing $175,000 from Elderly Widow

Investment Rip-Off: Charged with Stealing $175,000 from Elderly Widow
BY ZACH HOSSEINI
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – Acting Attorney General John J. Hoffman and the Office of the Insurance Fraud Prosecutor (OIFP) announced yesterday that a Toms River investment advisor and his father were indicted for allegedly stealing $175,000 from a widow, who had entrusted the son with power of attorney.

Andrew M. Lesnak, 54, and his father Andrew G. Lesnak, 84, of Hampton Bays, N.Y., were charged by the state grand jury with second-degree conspiracy, second-degree theft by unlawful taking, second-degree theft by deception and three counts of second-degree financial facilitation of criminal activity.

The younger Lesnak was an investment advisor for the widow and her husband. Following her husband’s death in 2007, the 69-year-old widow, who had no children or relatives close-by, turned to Lesnak for help with her finances.

 

Taxes in the Cyber Age: How to Protect Your Identity This Tax Season

Taxes in the Cyber Age: How to Protect Your Identity This Tax Season
BY BECKY FROST
SPECIAL TO NEWJERSEYNEWSROOM.COM
The majority of taxpayers will prioritize protecting their personal information this tax season, yet some safeguards go underused, according to a new surv...

Valentine's Day Land Sale: Newark Lots will be Sold to Couples for $1,000

Valentine's Day Land Sale: Newark Lots will be Sold to Couples for $1,000
BY YASMINA DARDARI
SPECIAL TO NEWJERSEYNEWSROOM.COM

NEWARK – Mayor Ras J. Baraka, the Newark Municipal Council, and Deputy Mayor for Economic Development Baye Adofo-Wilson announced today that the City ...

Steep Premium Hikes for N.J. Homeowners from Single Insurance Claims: Give Me a Break!

Steep Premium Hikes for N.J. Homeowners from Single Insurance Claims: Give Me a Break!
BY EVA LOAYZA
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – New Jersey Assemblyman Tim Eustace (D-Bergen/Passaic) has introduced a bill that would prevent insurance companies from raising a customer’s insu...

Who Should Advertise on NJ School Buses?

Who Should Advertise on NJ School Buses?
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

A somewhat overlooked law in New Jersey has the potential to provide needed revenue to state schools.

More and more New Jersey school districts are allowing advertising ...

Uncertainty of Future Physician Reimbursement Rising

Uncertainty of Future Physician Reimbursement Rising
BY JASON GOLDEN
SPECIAL TO NEWJERSEYNEWSROOM.COM

While the reimbursement shift from volume to value becomes more clearly defined by payers, the effect on physicians and their practices is becoming murki...

N.J. Consumer Confidence Remains Stagnant

N.J. Consumer Confidence Remains Stagnant
BY KRISTA JENKINS
SPECIAL TO NEWJERSEYNEWSROOM.COM

Although many would like to believe the economy is roaring back to life in the Garden State, a majority of consumers see little improvement. In its ann...

Powerball Winner for Feb. 7 Worth $380 Million

Powerball Winner for Feb. 7 Worth $380 Million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Powerball lottery jackpot is making a move toward record territory. And tickets are selling so well that the prize has increased by $20 million since the last estim...

Taking Action to Stop Tax-Dodging Companies in N.J.

Taking Action to Stop Tax-Dodging Companies in N.J.
BY RICHARD McGRATH
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON — Legislation authored by Senator Shirley Turner (D-Mercer, Hunterdon) and Senator Nia Gill (D-Essex,Passaic) that would deny taxpayer support...

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