Passaic County Adviser Conned Investors Out Of $471,602, State Authorities Charge
An investment adviser from Passaic County stole $471,602 from two dozen investors he recruited for an unregulated commodities trading group, state authorities charged.
The business he the Think Big Institute was failing when Scott Nicholson, 53, of North Haledon, began to “misappropriate investor monies by withdrawing existing investment monies and new investments for his personal benefit,” state Attorney General Gurbir S. Grewal said.
Over the course of five years, Nicholson transferred $373,823 in investment money to his personal checking account and paid $271,129 worth of personal expens…
Property Manager Accused Of Stealing $480,000 From Community In Area
A property manager has been accused of stealing nearly half a million dollars from a co-op community in the area.
In June of 2020, State Police in Dutchess County received a complaint from a Hyde Park co-op community alleging that their property manager, operating under JDWAH, Inc., had been stealing from them since 2015.
With the assistance of the State Police Financial Crimes Unit, an audit revealed that 51-year-old Joy C. Funk, of Poughkeepsie, stole over $480,000 from the community prior to her termination in May of 2020, state police said.
On Monday, March 22, state police from the P…
Scammers Posing As PayPal, Amazon Employees, Dutchess County Sheriff Says
Scammers have been impersonating PayPal and Amazon employees and calling area victims, asking them to transfer money, purchase merchandise, or to provide banking information, passwords and personal information, according to the Dutchess County Sheriff's Department.
They offered the following suggestions to avoid falling prey to scam artists:
If you are contacted by anyone that you don't know asking you for money, it is probably a scam.
Exercise caution and restraint when asked by callers to purchase items, transfer money, relay banking information or enter any kind of code—it i…
