Friday, February 1, 2013
Owner of Hunterdon County luggage manufacturing company pleads guilty to fraud.
- POLICE & FIRE
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Friday, February 1
The owner of a Hunterdon County luggage manufacturing company admitted Thursday to defrauding Oak Ridge's Lakeland Bank of $3 million, the U.S. Attorney's Office said. Richard Rekuc, 59, of Asbury Park, pleaded guilty to one count of bank fraud and faces up to 30 years in prison and a $1 million fine when he's sentenced in May. According to U.S. Attorney Paul J. Fishman, Rekuc obtained a credit line from Lakeland Bank for his Phillipsburg luggage manufacturing company, Royalox International Inc. The credit line was based on Royalox's accounts receivable, meaning the higher the company's sales, the more it could borrow from the credit line, Fishman said. Rekuc submitted false invoices and copies of payments to Lakeland between 2004 and 2009…
Wednesday, October 10, 2012
Four given employee of the quarter awards.
- BUSINESS
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Wednesday, October 10, 2012
Lakeland Bank recently honored four employees with the Employee of the Quarter Award. Daryl Eastlake, Patricia Galante, Joanne Hammons and Mary Miller were presented with the award based on nominations submitted by their colleagues. “We appreciate the commitment and dedication these colleagues demonstrate to our customers, our bank and the communities we serve,” said Thomas J. Shara, president and CEO of Lakeland Bank. “It is with great pleasure that we recognize them for their exceptional service.” Daryl Eastlake – BSA Analyst – BSA/Fraud Eastlake was hired in 2000 as a teller in Hewitt, was promoted and transferred in 2002 to Little Falls, and in 2004 transferred to Ringwood. She transferred to the Carey Avenue office in 2005 and …
Sunday, August 12, 2012
Ribbon cutting and office visit marked opening.
- BUSINESS
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Sunday, August 12, 2012
Lakeland Bank’s Operations and Training departments have relocated to a site in Jefferson Township, according to Thomas J. Shara, president and CEO of Lakeland Bank. “The opportunity to relocate our staff to a facility near our headquarters was a win for our colleagues and the Bank as well as the Jefferson community,” said Shara. “The Bank’s executive team was pleased the relocation would have minimal impact on our colleagues while helping to improve the appearance and business activity in this commercial zone. Lakeland Bank colleagues and the Board of Directors joined Jefferson Mayor Russell Felter, local dignitaries and landlord John Azarian at a Ribbon Cutting Ceremony on Aug. 8. Once the teal ribbon was cut, Shara invited guests to …
Monday, July 30, 2012
He will be working with commercial lending.
- BUSINESS
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Monday, July 30, 2012
The following comes from Lakeland Bank: Thomas J. Shara, president and CEO of Lakeland Bank, has announced the appointment of Harry Neinstedt to senior vice president, team leader commercial lending, based at the Lakeland Bank office in Montville, N.J. Neinstedt has 35 years of banking experience, most recently with Heritage Community Bank in Denville, N.J. where he was SVP and senior loan officer since 2009. Prior to that, he was with Commerce Bank/TD Bank as a regional vice president. He holds an MBA in finance from Rutgers University Graduate School of Management, a bachelor’s degree from University of Virginia, and is a graduate of the Stonier Graduate School of Banking. Neinstedt is a trustee and former chairman of the Chilton …
Monday, June 4, 2012
She comes from Sussex Bank.
- BUSINESS
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Monday, June 4, 2012
Lisa Nienaber has been appointed to vice president, compliance officer based at the Lakeland Bank headquarters in Oak Ridge, CEO Thomas J. Shara announced. Nienaber has 15 years of banking experience, most recently with Sussex Bank in Franklin where she was vice president and compliance officer since 2007. Prior to that, she was with First Morris Bank & Trust (now Provident Bank) in Morristown for nine years as compliance officer. Nienaber is a graduate of the American Bankers Association Compliance School, and is a resident of Parsippany. Lakeland Bancorp, the holding company for Lakeland Bank, has an asset base of approximately $2.9 billion and 47 offices spanning six northern New Jersey counties: Bergen, Essex, Morris, Passaic, Sussex …
BeachBum
1:05 pm on Friday, February 1, 2013
Disgusting - Greed! He will go from his 10K sq ft house to a hopefully 3'x3' cage - Enjoy Prison cause it's going to suck! more ›