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."
Saturday, May 18 2013 7:49 AM EDT2013-05-18 11:49:20 GMT
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
Friday, May 17 2013 8:53 PM EDT2013-05-18 00:53:52 GMT
The New Jersey Sports and Exposition Authority has approved the master plan for the American Dream megamall in the Meadowlands sports complex. The approval at Friday's special board meeting means the
The New Jersey Sports and Exposition Authority has approved the master plan for the American Dream megamall in the Meadowlands sports complex. The approval at Friday's special board meeting means the
Friday, May 17 2013 2:13 PM EDT2013-05-17 18:13:33 GMT
An Internet celebrity known on Facebook and YouTube as "Kai the Hatchet Wielding Hitchhiker" was arrested in connection with the killing of an elderly Clark, N.J., man.
An Internet celebrity known on Facebook and YouTube as "Kai the Hatchet Wielding Hitchhiker" was arrested in connection with the killing of an elderly Clark, N.J., man.
Friday, May 17 2013 1:09 PM EDT2013-05-17 17:09:46 GMT
Powerball's estimated jackpot has soared to a record $600 million dollars for Saturday's drawing because of brisk sales across the states involved in the lottery.
Powerball's estimated jackpot has soared to a record $600 million for Saturday's drawing because of brisk sales across the states involved in the lottery. The lump-sum cash value of the jackpot is an estimated $376.9 million.
Friday, May 17 2013 12:39 PM EDT2013-05-17 16:39:46 GMT
A couple was found shot dead inside a park in Montclair, N.J.
A couple was found shot dead inside a park in Montclair, N.J. Police say they were responding to calls about shots fired when they discovered the bodies of Shanae Q. Howard, 24, of Orange and Brandon Brown, 26, of Montclair. The couple were found near a bench in Canterbury Park at around 10 p.m. on Thursday. A weapon was recovered at the scene.
Friday, May 17 2013 7:05 AM EDT2013-05-17 11:05:50 GMT
Thirty-seven claims have been filed in federal court in Newark over the crash of a commuter ferry in New York City that left dozens of passengers injured.
Thirty-seven claims have been filed in federal court in Newark over the crash of a commuter ferry in New York City that left dozens of passengers injured.
Thursday, May 16 2013 6:06 PM EDT2013-05-16 22:06:34 GMT
A smuggling ring that made a fortune selling more than a million cartons of untaxed cigarettes in New York may have funneled some of the illicit proceeds to terrorist groups, authorities said.
A smuggling ring that made a fortune selling more than a million cartons of untaxed cigarettes in New York may have funneled some of the illicit proceeds to terrorist groups, authorities said.
Thursday, May 16 2013 4:28 PM EDT2013-05-16 20:28:43 GMT
Gov. Chris Christie has announced plans to use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly, especially during Superstorm Sandy.
Gov. Chris Christie has announced plans to use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly, especially during Superstorm Sandy.
