Brett Cooper was alleged to have told prospective investors they could triple their contributions in 60 to 90 days, but admitted he never invested any of their money.
Shane B. Streater, 41, also was ordered to repay $82,488 to the state pension system and has been barred from public employment in the state following his conviction by a Camden County jury.
Accused of defrauding donors who believed all their money would assist cancer patients, two national charities have agreed to a $75.8 million settlement.
Scores of truly-in-need New Jersey residents receive welfare benefits on a regular basis, but there are many folks receiving too much assistance — or help they didn't deserve in the first place.