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NJ Lawyer Scammed Lenders Out of COVID-19-relief Funds to Buy Mansion: Charges

Jae H. Choi, a New Jersey lawyer, is accused of scamming lenders out of $9 million in COVID-19 relief funds and then spending his take on a new million-dollar home. So reports the Daily Voice.

money 2033591 640smallChoi allegedly created bogus businesses, including faking the existence of hundreds of employees and tax records in order to execute the purported scheme. “Choi used the money to buy a house in Cresskill, pay for $30,000 in remodeling and other improvements and invest millions more in the stock market through an account held in the name of his spouse,” according to the article.

Read the full article from the Daily Voice.

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