George Bussanich Sr.—Investment Scheme
George Bussanich Sr. Allegedly Ran a $3 Million Investment Scheme
George Bussanich Sr., 56, of Park Ridge, New Jersey, his son George Bussanich Jr., 35, of Saddle River, NJ, and his wife Wilma Bussanich, 54, of Park Ridge, NJ allegedly ran a $3 million investment scheme, according to Reports from the New Jersey Attorney General’s Office currently under review by attorneys Jason Kane and Joe Peiffer.
Said Reports go on to allege that George Bussanich and his alleged cohorts were were arrested on charges of first-degree conspiracy, racketeering, and money laundering.
The Peiffer Wolf Carr & Kane securities rights lawyers are currently investigating George Bussanich for allegedly running an investment scheme.
George Bussanich Sr. Charged with Alleged Second-degree Securities Fraud, Misconduct by a Corporate Official, and Theft by Deception
George Bussanich Sr. charged will alleged second-degree securities fraud, misconduct by a corporate official, and theft by deception, according to Reports from the New Jersey Attorney General’s Office currently under review by attorneys Jason Kane and Joe Peiffer.
New Jersey Authorities further allege that the Bussaniches have additionally been charged with third-degree charges of alleged failure to file tax returns, filing fraudulent tax returns, and contempt. The NJ Authorities also allege that the father-son duo Bussanich duo allegedly orchestrated a previous scheme involving 26 investors.
Furthermore, the two men agreed last year to pay $5.5 million, which included $4 million in full investor restitution to settle a lawsuit filed by the New Jersey Bureau of Securities, according to Reports from the New Jersey Attorney General’s Office currently under review by attorneys Jason Kane and Joe Peiffer. In addition, the Reports allege that the Bussaniches allegedly went back to 15 of the same investors to raise the aforementioned $3 million.
Securities Rights Lawyers Investigating
The Peiffer Wolf Carr & Kane securities rights lawyers often represent investors who lose money as a result of alleged investment schemes. They are currently investigating George Bussanich Sr. for allegedly operating an investment fraud scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of George Bussanich Sr. for allegedly operating an investment fraud scheme may contact the investment rights lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.