FREEHOLD – A Freehold man has been indicted for scamming victims and stealing about $1 million through fraudulent stock purchases and promissory notes, officials said.
Anthony Giordano, 43, was indicted and charged with two counts of first-degree Financial Facilitation of Criminal Activity, second-degree Theft by Deception, and second-degree Misconduct by a Corporate Official in connection with thefts from five victims that took place between July 2015 and April 2018.
Police said Giordano was taking funds from the victims who thought they were buying shares or loaning money to Giordano’s companies. Giordano created fake companies under the names Nue Trition Weight Management, Nue Pens LV, Nue Pens FL, Nue Resource Financial, and Nue Resource Funding. He convinced the victims that his companies would be successful in order the get money, but had no intentions to make them operational.
The victims asked numerous times for Giordano to provide financial documentation demonstrating the value of the companies, but he failed to do so.
He would use the victim’s investments for personal expenses such as travel, entertainment, gas, dry cleaning, a gym membership, restaurants and monthly car payments instead of funding his companies. The victims received no return on their investments.
As a result, Giordano faces up to 20 years in state prison on these first-degree charges. If anyone has additional information regarding this case, contact Monmouth County Prosecutor’s Office Detective William Kelliher at 800-533-7443.
Anyone who feels the need to remain anonymous but has information about a crime can submit a tip to Monmouth County Crime Stoppers by calling their confidential telephone tip-line at 1-800-671-4400; by downloading and using the free P3 Tips mobile app, p3tips.com/1182; by calling 800-671-4400; or by going to the website at monmouthcountycrimestoppers.com.
Charges are merely accusations until proven in a court of law.
