The government has seized more than 2,000 works of art allegedly used to launder money raised fraudulently, the U.S. attorney in New Jersey said. They were appraised at nearly $16 million.
The U.S. Attorney's Office in Newark announced Friday a complaint seeking to force the owner to forfeit the works, including an Alfred Stieglitz photograph that sold for $675,000. They were seized in July.
The government said the owner of Green Diesel, based in Houston, was trying to ship the works to Spain.
The complaint alleged company owner Philip Rivkin bought the artwork by selling credits for generating biodiesel fuel, though it did not produce any fuel. Rivkin has not been formally charged with a crime.
Rivkin attorney Kyle Sampson said he is working with officials "to resolve their concerns."
Thursday, May 23 2013 12:55 PM EDT2013-05-23 16:55:29 GMT
A $1,000 reward has been posted for information leading to the arrest and conviction of two men seen running to and away from a homicide scene Tuesday night in Camden.
A $1,000 reward has been posted for information leading to the arrest and conviction of two men seen running to and away from a homicide scene Tuesday night in Camden.
Thursday, May 23 2013 9:05 AM EDT2013-05-23 13:05:21 GMT
Hollywood superstar Brad Pitt made a trip to the birthplace of Frank Sinatra on Wednesday night to promote his new movie, "World War Z."
Hollywood superstar Brad Pitt made a trip to the birthplace of Frank Sinatra on Wednesday night to promote his new movie, "World War Z." Pitt stunned the crowd at the Clearview Cinemas when he walked in just before the start of the special screening.
Thursday, May 23 2013 7:23 AM EDT2013-05-23 11:23:09 GMT
New Jersey officials have seized inventory and demanded records from 29 bars and restaurants, nearly half of them TGI Fridays, that they say sold low-quality liquor to patrons who thought they were buying premium brands.
New Jersey officials have seized inventory and demanded records from 29 bars and restaurants, nearly half of them TGI Fridays, that they say sold low-quality liquor to patrons who thought they were buying premium brands.
Thursday, May 23 2013 6:46 AM EDT2013-05-23 10:46:23 GMT
For the first time in 17 years, millions of cicadas are expected to emerge from the soil in the tristate region this summer. The bug-like creatures are harmless to humans.
For the first time in 17 years, millions of cicadas are expected to emerge from the soil in the tristate region this summer. The bug-like creatures are harmless to humans. Cicadas live in the soil and make a familiar buzzing sound.
Wednesday, May 22 2013 12:55 PM EDT2013-05-22 16:55:01 GMT
Jersey shore town is celebrating a milestone as it rebuilds from Superstorm Sandy. Belmar officials will reopen their 1.3-mile boardwalk that was destroyed by the October storm.
Jersey shore town is celebrating a milestone as it rebuilds from Superstorm Sandy. Belmar officials will reopen their 1.3-mile boardwalk that was destroyed by the October storm.
Tuesday, May 21 2013 5:21 PM EDT2013-05-21 21:21:42 GMT
Revel is bankrupt no more. The struggling Atlantic City casino formally emerged from bankruptcy court on Tuesday, just 13 months after it opened with sky-high hopes.
Revel is bankrupt no more. The struggling Atlantic City casino formally emerged from bankruptcy court on Tuesday, just 13 months after it opened with sky-high hopes.
