Apr 28, 2025 | A-1 Elegant Tours | American Star Transportation LLC | anticorruption profiteering penalty | decade-long ban from doing business with the State | Eastern Star Transportation | false representations for a government contract | Guilty Plea | hiring practices | Office of Public Integrity and Accountability | OPIA | Paterson Bus Company | safety of its bus fleet | school buses | second-degree crime | six-figure penalty | Unqualified Drivers | Child Protection | Consumer Protection | Press Release | Public Integrity
Attorney General Matthew J. Platkin and the Office of Public Integrity and Accountability (OPIA) announced that a Paterson school bus company pleaded guilty to a second-degree crime, and agreed to pay a six-figure penalty and face a decade-long ban from doing business with the State, after it put unqualified drivers behind the wheels of school buses and deceived school districts about its hiring practices and the safety of its bus fleet.
Apr 24, 2025 | Consumer Protection | Division of Criminal Justice | Office of Securities Fraud and Financial Crimes Prosecutions | Press Release
Attorney General Matthew J. Platkin announced that a state grand jury indicted a Middlesex County husband and wife for allegedly defrauding investors of more than $2 million through a fraud scheme that guaranteed high returns, but instead diverted funds for the couple’s personal benefit and provided fake returns to the victims.
Mar 25, 2025 | a crypto token staking reward | AlixPartners | Bureau of Securities | digital assets and metaverse technologies | Division of Consumer Affairs | GS Partners | GSB Gold Standard Bank LTD d/b/a GS Partners | Investigation | investor funds used to purchase investment products | Lydian World | multistate agreement | securities violations | shares of a skyscraper | unlock passive income features | Consumer Protection | Division of Consumer Affairs | Press Release
The New Jersey Bureau of Securities announced that New Jersey investors have until May 22, 2025 to file claims for refunds from GS Partners under a multistate agreement resolving an investigation into alleged securities violations by the company and its affiliates.
Feb 28, 2025 | Buena | Burlington County | comptroller | Division of Criminal Justice | failure to pay tax | filing a fraudulent tax return | Financial facilitation of criminal activity | Forgery | Former Chief Financial Officer | Money Laundering | Not-For-Profit Company | Office of Securities Fraud and Financial Crimes Prosecutions (OSFFCP) | receiving stolen property | Stealing $2.5 Million | Tax Evasion | Unlawful Taking | white-collar crime | Consumer Protection | Division of Criminal Justice | Office of Securities Fraud and Financial Crimes Prosecutions | Press Release | Protecting New Jersey in Court
Attorney General Matthew J. Platkin announced that the former chief financial officer and comptroller of a Burlington County-based not-for-profit company has been charged with allegedly stealing more than $2.5 million from the company, money laundering and tax evasion.
Feb 28, 2025 | Bureau of Securities | Consumer Protection Enforcement Highlights | consumer protection initiatives | DCA | Division of Consumer Affairs | Division of Law | high volume of consumer complaints | impede consumers’ ability to make informed purchasing decisions | Office of Consumer Protection | Office of Weights and Measures | targeted crackdowns | taskforce sweeps | undercover investigations | unfair and deceptive conduct | unlawful business practices | unscrupulous investment schemes | Consumer Protection | Division of Consumer Affairs | Division of Law | Press Release | Protecting New Jersey Consumers
Attorney General Matthew J. Platkin and the Division of Consumer Affairs (“Division”) announced highlights of various consumer protection initiatives carried out by the Division in 2024, including those aimed at putting a stop to unlawful business practices that impede consumers’ ability to make informed purchasing decisions, shutting down unscrupulous investment schemes putting New Jersey investors at risk, and halting unfair and deceptive conduct in industries that historically generate a high volume of consumer complaints in New Jersey each year.
