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The brazen N.J. Ponzi scheme that turned stolen millions into a Bentley, a boat and a house

Summary by Nj
A house, a boat and an ultra-luxury Bentley automobile were among the items a Middlesex County man bought with the $7.7 million he cheated out of investors, the state attorney general’s office said Friday in announcing the man’s 7-year prison sentence.Shahid Javed, 41, of Old Bridge, was sentenced Thursday in state Superior Court after he had pleaded guilty to federal fraud charges in April, state Attorney General Jennifer Davenport’s office ann…
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nj broke the news in New Jersey, United States on Friday, June 19, 2026.
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