Jun 18, 09:36 PM

NJ Power Broker George Norcross Charged with Racketeering in Waterfront Redevelopment Case

New Jersey power broker George Norcross has been charged with racketeering in connection with a waterfront redevelopment case. The indictment alleges that Norcross orchestrated a criminal enterprise to extort others through threats and fear of economic and reputational harm, and to commit other criminal offenses to achieve the enterprise’s goals. Norcross is accused of threatening a developer in 2016 to ensure the developer would never do business in Camden again unless he relinquished his rights on Norcross’s terms. The alleged criminal activities enabled Norcross to secure the rights to build multiple buildings and obtain hundreds of millions of dollars in government-issued tax credits.

#New Jersey #George Norcross #Norcross #Camden

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