Federal and International

Six Investors Indicted for Their Roles in Bid-Rigging Scheme at Municipal Tax Lien Auctions in New Jersey

Investigation Has Yielded 20 Charges to Date

Washington, DC—(ENEWSPF)—November 19, 2013. A federal grand jury in Newark, N.J., returned an indictment against six investors for their roles in a conspiracy to rig bids at auctions conducted by New Jersey municipalities for the sale of tax liens, the Department of Justice announced.

The indictment, filed today in U.S. District Court for the District of New Jersey in Newark, charges four individuals, Joseph Wolfson, Gregg Gehring, James…

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