Chander Singh, who runs SC Capital Investors, LLC in Teaneck, NJ, is being charged with money laundering, theft, forgery, and records tampering. Allegedly he has been perpetuating this Ponzi scheme as early as 2014. It wasn’t until this past February that a tip led investigators to the defendant. The defendant also used his family to help perpetuate this scheme. He recruited his parents, his brother, as well as a family friend. The defendant, with the help of his family, allegedly swindled up to 30 people. They allegedly swindled these victims out of $4.7 million dollars. They were representing double digit returns on fake ventures. The money laundering charge will likely be a first degree given the extent of the alleged money that was stolen from the victims. If it is a first degree crime, the defendant can face up to twenty (20) years in state prison.
Bergen County Criminal Defense Law Firm
At the Law Offices of Jonathan F. Marshall, we can help you combat a money laundering, theft, forgery, and records tampering charge since we have ten (10) criminal defense attorneys. In addition to that, our credentials include the following:
- Seven (7) former prosecutors
- Three (3) of which were former assistant county prosecutors
- One was the head of the Major Crimes Division,
- Another was the head of the Trial Team, and
- The last one was the director of the Gun, Gang and Drug Task Force
- One Certified Criminal Trial Attorney
- Certification comes from the Supreme Court of New Jersey
- Less than 1 percent of attorneys in this state hold that distinction
- Selected to the National Trial Attorneys Top 100 Criminal Defense Attorney and Top 40 Under 40
- Multiple attorneys with superb Avvo ratings
- Selected to Thomson Reuters Super Lawyers Rising Stars list here in New Jersey for this year and 2021
- Only 2.5 percent of attorneys in this state are selected to this list