|The Cunning Thief,|
(1855-1931) [Public Domain],
via Wikimedia Commons
The grand jury charged Williams, a Linden resident, with theft, theft by failure to make required disposition of property received, and misapplication of entrusted property, according to news site mycentraljersey.com.
The 56-year-old defendant allegedly took at least $160,000.00 from an 88-year-old neighbor's life savings.
New Jersey law prohibits theft by failure to make required disposition of property received when a person purposely obtains or retains property upon agreement or subject to a known legal obligation to make specified payment or other disposition, whether from such property or its proceeds or from his own property to be reserved in equivalent amount, if he deals with the property obtained as his own and fails to make the required payment or disposition.
Under N.J.S.A. 2C:20-9, one may have committed this crime even if it is impossible to identify particular property as belonging to the victim at the time of the failure to make the required payment or disposition.
Experienced New Jersey Criminal Defense Lawyer Michael Smolensky, Esquire, knows how to protect his clients. Mr. Smolensky can provide consultations on any case regarding theft. Call Now—(856) 812-0321.