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Former Shore Resident Sentenced In $4.7M Scheme

TRENTON, N.J. – A Florida man who previously resided in New Jersey was sentenced to 72 months’ imprisonment for defrauding approximately 33 victims out of more than $4.7 million through an “upfront-fee” scheme that spanned nearly a decade, U.S. Attorney Alina Habba announced. John Sabo, 71, formerly of Spring Lake, New Jersey, previously pleaded guilty before U.S. District Judge Michael A. Shipp to an information charging him with one count of w…
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Jersey Shore Online broke the news in on Tuesday, June 3, 2025.
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