Wyckoff Man Charged With Bilking Investors Out Of $420,000
Friday, October 4, 2024, 7:30 A.M. ET. 2 Minute Read, By Art Fletcher: Englebrook Independent News,
WYCKOFF, NJ.- Bergen County Prosecutor Mark Musella reported that, following a months-long investigation into a financial scheme, on Thursday, October 3, 2024, a 48-year-old Wyckoff, New Jersey, man was taken into custody and jailed after being charged with theft.
The investigation began in April 2024, when the Bergen County Prosecutor’s Office Financial Crimes Unit received information alleging that Jason S. McNeill, 48, of Wyckoff, was involved in a fraudulent investment scheme. Detectives of the Bergen County Financial Crimes Unit launched an investigation into the allegations.
During the investigation, Detectives determined that McNeill solicited around $420,000 from investors by presenting them with forged documents involving Essex County properties.
Newark Properties For Redevelopment
Detectives further uncovered that McNeill had represented eight victims of his alleged fraud over three months and that the funds he requested would be used to purchase investment properties for redevelopment in the City of Newark. These properties were never purchased, and the documents presented to the victims were false.
Accordingly, on Thursday, October 3, 2024, Detectives of the Bergen County Prosecutor’s Office Financial Crimes Unit executed a court-authorized search warrant at McNeill’s residence in Wyckoff. There, he was taken into custody and charged with second-degree Theft by Deception and third-degree Forgery.
McNeill was processed on the charges and was remanded to the Bergen County Jail pending future court proceedings in Bergen County Superior Court in Hackensack, New Jersey.
“The rules of the court require us to include a statement that states: The charges outlined in this publication are merely accusations, and the defendant and or defendants are presumed innocent unless and until proven guilty beyond reasonable doubt.”
