By Mercer Times |
Jul 29, 2024
Attorney General Matthew J. Platkin announced today that a state grand jury has indicted two Middlesex County men for allegedly defrauding investors out of approximately $6.7 million through the use of sham companies and false identities. The defendants, Shahid Javed, 39, of Old Bridge, New Jersey, and Wilfredo Topacio, 64, of Woodbridge, New Jersey, are accused of promising large guaranteed returns from investments in fuel products but instead diverting investor funds for personal benefit.