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NJ Insurance Salesman Accused of Bilking Clients Out of $300K

Authorities have arrested a New Jersey man for the third time in four weeks on charges of bilking investors of more than $300,000.


Jordan Zemlock also is accused of trying to bilk another client of $129,000.

Zemlock is an insurance salesman who owns Jay-Zee Financial Group. He’s also licensed to conduct business in New York, Pennsylvania, Connecticut, Delaware, Florida, Georgia, Minnesota and South Dakota.

Prosecutors in New Jersey say the 50-year-old Marlboro resident mostly targeted senior citizens and used their money for personal needs.

Zemlock is held in the Middlesex County Jail on $500,000 bail, charged with theft by deception and other charges. It’s not known whether he has a lawyer.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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