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N.J. man pleads guilty to mortgage fraud and pandemic loan schemes totaling millions

Summary by Nj
A Toms River man admitted to orchestrating multiple fraud schemes involving more than $10 million in mortgage loans and nearly $2 million in COVID-19 relief funds intended for struggling small businesses, according to a statement from the U.S. Attorney’s Office District of New Jersey.Arthur Spitzer, 39, pleaded guilty Wednesday before U.S. District Judge Edward S. Kiel to one count of bank and wire fraud conspiracy and one count of money launder…

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N.J. man pleads guilty to mortgage fraud and pandemic loan schemes totaling millions

A Toms River man admitted to orchestrating multiple fraud schemes involving more than $10 million in mortgage loans and nearly $2 million in COVID-19 relief funds intended for struggling small businesses, according to a statement from the U.S. Attorney’s Office District of New Jersey.Arthur Spitzer, 39, pleaded guilty Wednesday before U.S. District Judge Edward S. Kiel to one count of bank and wire fraud conspiracy and one count of money launder…

·New Jersey, United States
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nj broke the news in New Jersey, United States on Thursday, August 20, 2026.
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