TOMS RIVER, NJ — An Ocean County advocate who hosted a radio appearance and accomplished seminars on ancient law, about admonition the charge to assure those who are vulnerable, has been bedevilled to 10 years in bastille for burglary added than $3 actor from his aged clients, the accompaniment advocate general’s appointment appear Friday.
Robert Novy, 67, of Brick, was bedevilled Friday to 10 years in accompaniment prison, including three years and four months of acquittal ineligibility, by Superior Cloister Judge Michael T. Collins in Ocean County, Advocate General Gurbir S. Grewal said.
Novy pleaded accusable on July 27 to first-degree money laundering, acceptance he blanket millions of dollars from his law firm’s clients. The state’s analysis appear that he blanket added than $3 actor from at atomic two dozen victims. Novy apple-pie the money through assorted coffer accounts, including his advocate assurance and business accounts. The victims about did not accept aing ancestors to bouncer their interests and in some cases suffered from dementia, Grewal’s appointment said.
Novy additionally charge pay amends to his victims out of two funds accretion $4 actor that are actuality created application assets ahead bedeviled from him by the state: one armamentarium of $3 actor to accommodate amends to applicant victims, heirs, estates and trusts already articular through the state’s investigation, and a additional armamentarium of $1 actor to accommodate restitution, with cloister approval, for others not ahead articular who appear advanced with affidavit that they were victims of thefts.
Novy surrendered his authorization to convenance law in New Jersey and charge pay $500,000 to the accompaniment as an anti-money bed-making base penalty.
As an able in ancient law, Novy hosted a bi-monthly radio affairs “Inside the Law,” absorption on capacity of affair to chief citizens. He was arrested on Oct. 18, 2016. Detectives accomplished a chase accreditation at the time at his firm, Novy & Associates, on Ridgeway Avenue in Maner, abduction announcement annal and added evidence. The Advocate General’s Appointment acquired cloister orders freezing over $4 actor in assets captivated by Novy and his aing and appointing a trustee to baby-sit the firm’s business operations.
“Novy preyed aloft accessible seniors who trusted him as their advocate to bouncer their interests. Instead, he atrociously blanket their activity savings, betraying their assurance and the adjuration he took to advocate the law,” Grewal said.
Novy came beneath analysis afterward a barometer to the Division of Bent Justice by Ocean County Surrogate Jeffrey W. Moran.
The analysis appear he blanket funds from aged and asleep audience who about did not accept a aing about to affirmation their acreage or claiming Novy’s accomplishments and acclimated the money for claimed and business expenses.
Novy acquired ascendancy through wills, admiral of attorney, and assurance documents, authoritative himself the sole banking decision-maker for the clients. Back audience had abundant assets in the anatomy of an accomplishment or activity allowance policy, Novy directed allowance companies to redeem the behavior and accelerate the money anon to him. In some cases, back challenged by advisers or ancestors about accurate funds that had been aloof from applicant accounts, Novy claimed they were “administrative errors” and repaid the funds.
Novy was accusable April 30, 2018, with the accompaniment alleging three altered schemes:
1. In one scheme, Novy artlessly transferred funds from his clients’ claimed coffer accounts or from his clients’ asleep claimed assets into his own coffer account.
2. In the additional scheme, Novy transferred funds from his clients’ claimed accounts or asleep assets into IOLTA (Interest on Lawyer Assurance Account) sub-accounts that he controlled. The admiral of advocate accomplished by the victims accurately appropriate Novy to abode their assets into absolute assurance funds called by the victims that would administer their assets, so the act of agreement the funds into accounts that he controlled constituted a annexation by Novy.
3. In the third scheme, Novy transferred applicant funds from assorted accounts – including the clients’ claimed accounts, the clients’ IOLTA sub-accounts, or the firm’s advocate assurance annual – into the firm’s operating and cost accounts. Novy badly billed the audience for ability of advocate fees after any acknowledging invoices.
Novy was answerable with money bed-making because he affianced in affairs involving the baseborn funds and the assorted accounts – primarily his advocate assurance accounts and/or advocate business accounts – by which he buried the antecedent of the baseborn funds and acclimated them to advance his bent activities.
The accompaniment advocate general’s appointment said people, relatives, heirs, estates or trusts who accept they are victims of Novy and can action affidavit of amercement should address to Deputy Advocate General Kara R. Webster in the Accompaniment Appointment of Victim Witness Advocacy at [email protected], or if they do not accept email access, can alarm 609-376-2444.
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