George Bussanich Sr.—Investment Scheme

New Orleans investment fraud attorneyGeorge 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 Alan Rosca 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 Rosca Wolf 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 Alan Rosca 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 Alan Rosca 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 Rosca Wolf 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 Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1225 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.