TRENTON, NJ – A arresting Ocean County apostle has been answerable with burglary $1.2 actor from four of his aged clients, including some who had dementia and others who had no aing ancestors to bouncer their interests, accompaniment Apostle General Christopher S. Porrino said.
Robert Novy, 65, who hosted a bounded radio appearance and accomplished seminars on ancient law, was answerable with first-degree money laundering, second-degree annexation by actionable demography and second-degree corruption of entrusted property, Porrino said.
Novy, of Brick, was arrested Wednesday and lodged in the Ocean County Jail in lieu of $500,000 bail.
“While Novy captivated himself out as a arch acknowledged apostle for the elderly, we adduce that he corruptly acclimated his acceptability and his law authorization to casualty on accessible seniors, demography ascendancy of their diplomacy and burglary added than $1 actor from their activity savings,” Porrino said. “In his greed, Novy not alone betrayed his adjuration as a advocate to advocate the law, he betrayed all standards of decency.”
Detectives this morning accomplished a chase accreditation at the offices of Novy & Associates LLC, on Ridgeway Avenue in Maner and bedeviled announcement annal and added evidence. The Apostle General’s Appointment additionally acquired a cloister adjustment and froze added than $3.5 actor in assets captivated in assorted coffer accounts of Novy and his law firm.
Attorneys from the Division of Criminal Justice additionally activated for a Superior Cloister adjudicator to accredit a trustee to baby-sit the business operations of the law firm.
The accuse are the aftereffect of an advancing analysis by the Division of Criminal Justice Banking & Computer Crimes Bureau, assisted by the New Jersey Division of Taxation Appointment of Criminal Investigation.
The case was referred to the Division of Criminal Justice by Ocean County Surrogate Jeffrey W. Moran. Novy additionally was advised by the New Jersey Appointment of Apostle Ethics, which issued an belief complaint adjoin him on Jan. 26 and assisted the Division of Criminal Justice.
Novy is accused of burglary $78,000 from an 88-year-old woman who suffered from dementia by announcement the woman and her acreage a absolute of $78,000 that was not accurate by any balance or annal assuming justification.
He is accused of burglary added than $176,000 from an 85-year-old woman who suffered from Alzheimer’s. Among added things, he allegedly withdrew funds anon from her claimed annual accretion about $60,000, converting them into cashier’s checks and depositing the checks anon into his claimed account. In addition, he allegedly acclimated his ability of apostle to banknote out an accomplishment the woman held, depositing added than $122,000 into his apostle assurance annual and again arising checks from that annual to his law close accretion $117,000, claiming they were “power of apostle fees.”
He is accused of burglary at atomic $459,000 from an 87-year-old woman. Among added things, he deposited gain accretion almost $387,000 from two annuities into his apostle assurance account, and after transferred those funds into his law firm’s business accounts. He claimed allotment of the money was for attorneys’ fees and ability of apostle fees, but he did not absolve those huge fees.
He is additionally accused of burglary about $550,000 from addition aged woman. He transferred about $300,000 that he captivated for her in his apostle assurance annual into the firm’s business accounts after any invoices or affirmation that acknowledged casework were provided. On addition occasion, Novy allegedly wrote himself a analysis for $250,000 from the woman’s claimed coffer annual and deposited it into his own claimed coffer account.
“When chief citizens appoint a advocate to put their banking diplomacy in order, they should be able to assurance that they will be advised candidly and with respect,” Division of Criminal Justice Director Elie Honig said. “Instead, Novy is answerable with deviously clarification his client’s accounts.”
Porrino and Honig apprenticed anyone with advice about declared confiscation of applicant funds or added apprehensive affairs involving Novy to acquaintance the Division of Criminal Justice’s toll-free tipline 1-866-TIPS-4CJ to address the advice confidentially.
Novy acquired ascendancy through wills, admiral of apostle and assurance documents, and fabricated himself himself the sole banking decision-maker for these clients.
Typically, Novy transferred funds from the claimed coffer accounts of the audience to his advocate assurance accounts. He again badly billed the audience after any acknowledging invoices, withdrew funds from the assurance accounts, and deposited funds into his claimed coffer annual or the law firm’s operating account, the AG’s appointment said in a release.
In some instances, Novy allegedly withdrew funds from his clients’ claimed coffer accounts and deposited the funds anon into his claimed coffer annual or law firm’s operating account. When audience had ample assets in the anatomy of an accomplishment or activity allowance policy, Novy allegedly directed allowance companies to redeem the behavior and accelerate the money anon to him. On addition occasion, Novy allegedly wrote himself a analysis for $250,000 from the woman’s claimed coffer annual and deposited it into his own claimed coffer account.
When Novy was challenged by advisers or ancestors about applicant accounts, he said they were “administrative errors” and repaid the money.
The Division of Criminal Justice is continuing to investigate apprehensive affairs accompanying to added than a dozen added audience of Novy.
Image: Ocean County Jail
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