Scarfo financial fraud case winding down in Camden
-
-
-
-
-
-
-
A ribbon-cutting ceremony for Around the Clock home health-care company's new Germantown Ave. facility is slated for August. (Bas Slabbers/WHYY)
A financial fraud trial involving the son of an imprisoned Philadelphia organized crime boss is winding down.
Jurors in the trial of Nicodemo S. Scarfo and several others are expected to hear instructions from a federal judge in Camden Tuesday. The panel could hear closing arguments from attorneys as early as Wednesday.
The trial has been under way since January.
Scarfo and his co-defendants are accused of using threats to take over the board of FirstPlus Financial Group, an Irving, Texas-based publicly traded mortgage company. Prosecutors allege they then had the company buy shell companies they owned so they could take out the assets.
Attorneys for the defendants say the alleged mob ties are exaggerated and are being used by the government to draw interest to the case.
WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.
Urban wildlife – from coyotes to bats, Bakari Sellers ‘The Momentum’, Daniel’s Law
It’s getting wild. We talk about urban wildlife – from encounters with coyotes to bats who need our help
Air Date: April 25, 2024 12:00 pm
Wildfire burning in Wharton State Forest between Camden and Burlington counties in New Jersey
Crews are on the scene of a wildfire burning in New Jersey's Wharton State Forest.
14 hours ago
New Jersey is motivating telecommuters to appeal their New York tax bills. Connecticut may be next
New Jersey is now offering a state tax credit to residents who work from home and successfully appeal their New York tax assessment.
18 hours ago