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	<title>New Jersey 101.5 &#187; real estate Ponzi scheme</title>
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		<title>Watchung Man Admits to Real Estate Ponzi Scheme</title>
		<link>http://nj1015.com/watchung-man-admits-to-real-estate-ponzi-scheme/</link>
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		<pubDate>Mon, 04 Feb 2013 22:39:32 +0000</pubDate>
		<dc:creator>Townsquare News Network</dc:creator>
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		<category><![CDATA[police blotter]]></category>
		<category><![CDATA[real estate Ponzi scheme]]></category>
		<category><![CDATA[Watchung]]></category>

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		<description><![CDATA[Federal prosecutors say a northern New Jersey man has admitted orchestrating a real estate investment Ponzi scheme that took in more than $50 million from 200 victims. David Connolly of Watchung pleaded guilty Monday to securities fraud and money laundering counts. He faces up to 30 years in prison when he&#8217;s sentenced June 4 and [...]]]></description>
			<content:encoded><![CDATA[<p>Federal prosecutors say a northern New Jersey man has admitted orchestrating a real estate investment Ponzi scheme that took in more than $50 million from 200 victims.
<p class="more_act text"><a href="http://nj1015.com/watchung-man-admits-to-real-estate-ponzi-scheme/" title="Watchung Man Admits to Real Estate Ponzi Scheme">Read More</a><em>|</em><a href="http://nj1015.com/watchung-man-admits-to-real-estate-ponzi-scheme/#comments_wrap" title="Watchung Man Admits to Real Estate Ponzi Scheme">Comment</a></p>
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