Hard Line On Investment Figure ; Accused Check Bouncer Offered 7 Years

Summary


Bergen County prosecutors are taking a hard line against Joseph Greenblatt, who is accused of bouncing $1.9 million in checks to his investment clients.

Assistant Prosecutor David Yucht revealed in a brief court hearing Monday in Hackensack that his office had offered Greenblatt a seven-year prison sentence in exchange for a guilty plea.

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Extract


Hard Line On Investment Figure ; Accused Check Bouncer Offered 7 Years

Greenblatt, who ran Maywood Capital Corp. in Paramus from 1995 until May, when he moved the company to Manhattan, faces up to 1...

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