Duo charged with swiping $2M in stock certificates from dead woman


Two males, together with one from New Jersey, stole $2 million from a lifeless New York Metropolis lady by assuming her id, authorities stated. 

Stephen Decker, fifty nine, of Secaucus, and Luis Mercado, fifty three, of New York Metropolis, have been indicted on costs of wire fraud, conspiracy to commit wire fraud and aggravated id theft, the U.S. Lawyer’s Workplace for New York’s Southern District stated in a press release Wednesday. 

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The pair allegedly stole $2 million in inventory certificates from a lady’s Manhattan condo after she died in March 2016. They then opened a brokerage account within the lady’s identify earlier than promoting the shares and trying to make use of the cash to purchase $2 million in gold cash, federal officers stated. 

Federal courtroom papers do not describe how the lads gained entry to the lady’s condominium.

Decker and Mercado have been arrested Wednesday morning in Manhattan. 

Jeff Goldman could also be reached at jeff_goldman@njadvancemedia.com. Comply with him on Twitter @JeffSGoldman. Discover NJ.com on Fb.

 

 



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