Man Accused of Defrauding Victim of $1M in Cash, Property
The alleged crimes occurred in Red Bank, Fair Haven and Hazlet in 2011.
A man was indicted by a New Jersey grand jury Monday on several theft by deception charges for allegedly using a false identity to acquire money and property in multiple municipalities, including Fair Haven and Red Bank. According to a press release issued by the Monmouth County Prosecutor's Office in January, James Demitro, 42, posed as the nephew of an elderly Red Bank woman suffering from dementia. Authorities began to investigate Demitro after suspicions arose following several financial and estate planning transactions conducted between March and August 2011, according to the release. Investigators say Demitro assumed the false identity in April 2011 in order to obtain property on Harrison Avenue in Red Bank, valued at $75,000 or …
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