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Fair Lawn man, NY associate facing civil action by NJ AG for defrauding investor

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Fair Lawn man, NY associate facing civil action by NJ AG for defrauding investor



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A Bergen County man and his New York business associate are facing a civil enforcement action filed by the New Jersey Bureau of Securities with the Division of Consumer Affairs for defrauding at least one New Jersey investor in an investment scheme tied to a job recruiting software service that they were allegedly trying to grow, according to the New Jersey Office of the Attorney General.

Michael Lakshin. of Fair Lawn, and Edward Aizman. of Brooklyn, as well as their company Bowmo, Inc. used “fraud and deception,” allegedly convincing one of Lakshin’s childhood friends to liquidate her retirement fund and invest in their start-up business venture, according to a civil complaint filed in Bergen County on Friday. They then allegedly diverted most of the funds for their own personal use including cash advances, hotel stays and purchases at car dealerships and designer stores among other expenditures.

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“The defendants in this case shamelessly bankrolled their lavish lifestyles with someone else’s hard-earned retirement savings,” said Attorney General Matthew J. Platkin. “The lawsuit announced today sends a clear message that this kind of blatant exploitation of investors will not go unpunished in New Jersey.”

The complaint alleges, according to the Office of the Attorney General, that from April through August 2020, Lakshin, Aizman and Bowmo (through Lakshin and Aizman), offered and sold at least $84,681.19 of Bowmo’s securities in the form of a convertible note to at least one NJ investor.

They told the investor that the Bowmo note was an investment opportunity which would provide her a “significantly higher return” than her retirement savings. They allegedly told her that Bowmo was successful, bringing in a lot of money through its success and that she could profit by investing her funds into the company.

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Lakshin also allegedly leveraged their childhood connection to convince her to invest. After learning about the investor’s retirement account, Lakshin allegedly pressured her to liquidate the account for the purpose of buying the Bowmo note.

Lakshin assured the investor that she would “realistically” be able to earn “A MUCH GREATER return,” through a series of text messages, falsely informed the investor that she should not have any taxes or penalties withheld when withdrawing funds from her account, and assured her that Bowmo would reimburse her for any taxes or penalties that would have to be paid as a result of the liquidation.

On June 25, 2020, the investor liquidated her retirement account. This liquidation included two charges and exposed her to paying taxes on the funds as she was not “rolling them over to another qualified retirement plan,” according to the Office of the Attorney General .

On July 2, 2020, the investor met with Lakshin and Aizman and signed a Bowmo subscription agreement. She wired $84,681.19 from her bank account to a Bowmo bank account controlled by Lakshin and Aizman later that month.

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A Bowmo investor package provided to the investor prior to investing said that funds would be used to further develop Bowmo’s software, expand its marketing business, and make strategic hires among other business-related ventures.

Instead, the defendants allegedly transferred the funds to bank accounts held by a seperate and unrelated entity and misused the funds by diverting them for personal and non-business-related purposes.

The lawsuit seeks a court order to permanently ban Bowmo, its president and chairman Lakshin, and its founder and CEO Aizman, from issuing, offering, or selling securities in New Jersey, according to the Office of the Attorney General. It also asks the court to assess civil monetary penalties, restitution plus interest and expenses for the victim, and disgorgement of all funds and profits gained from the scheme.

According to Bureau Chief Elizabeth M. Harris, this case “serves as a sobering example of why it’s vitally important to investigate investment products, even those offered by someone you know and trust.”

She continued, “It’s also an opportunity to remind our residents that while fraudulent investment schemes come in a variety of forms, the pressure to act fast to avoid missing out on a hot investment is a universal red flag of fraud that should not be ignored. In addition to doing their due diligence before investing, we urge New Jerseyans to follow their instincts when a transaction doesn’t pass the smell test.”

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Investors can obtain information about any financial professional doing business to or from New Jersey by visiting the Bureau’s website at www.NJSecurities.gov, or calling the Bureau within New Jersey at 1-866-446-8378 or from outside New Jersey at 973-504-3600.



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Historical marker recognizing Lawnside, New Jersey, to be unveiled Friday

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Historical marker recognizing Lawnside, New Jersey, to be unveiled Friday


From Camden and Cherry Hill to Trenton and the Jersey Shore, what about life in New Jersey do you want WHYY News to cover? Let us know.

The borough of Lawnside in Camden County will be honored with a historical marker from the New Jersey Historical Commission as part of the state’s Black Heritage Trail.

A ceremony unveiling the marker will take place at 10 a.m. Friday at Lawnside Borough Hall on Dr. Martin Luther King Jr. Road.

Marsharee Wright, aide to Lawnside Mayor Mary Ann Wardlow and long-time resident, said everyone is thrilled about the marker unveiling.

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“We’ve invited the entire community and neighboring towns to come share the celebration with us,” Wright said.

Linda Shockley, president of the Lawnside Historical Society, said it’s “an extreme honor” for the borough to be included in the state’s program, especially as Lawnside is amid a year-long celebration of its centennial.

“It really lifts our profile and hopefully more people will understand and know what Lawnside is about and what it means in the nation,” Shockley said.

Lawnside was one of six sites selected in Camden County in 2024, including “The Point,” a historic Black neighborhood in Haddonfield. Its marker was unveiled last June.

During the ceremony, the borough’s history will be showcased, along with the original documents signed by Gov. A. Harry Moore in 1926, which made way for the borough’s creation.

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Though there are many Black enclaves in South Jersey, the borough is the state’s only incorporated antebellum Black community. First known as Free Haven, and later Snow Hill, it was a stop on the Underground Railroad. Peter Mott built a three-floor dwelling in 1844 that was once part of sprawling farmland where he helped slaves escape.

Mott’s house, now owned by the Lawnside Historical Society, serves as an Underground Railroad museum.



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Is ICE giving up on Roxbury detention center? NJ leaders laud report

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Is ICE giving up on Roxbury detention center? NJ leaders laud report


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  • State leaders were celebrating a New York Times report that federal officials are considering ending plans for ICE dentention center in Morris County.

Federal officials are considering abandoning plans for a controversial immigration detention facility in Roxbury, New Jersey, according to a June 18 report by The New York Times, prompting local leaders and state officials to declare a victory after months of legal and political opposition.

The proposed facility, a warehouse property purchased to serve as an Immigration and Customs Enforcement detention center, faced intense criticism from local residents, environmental advocates and elected officials who argued the site was unsuitable for housing detainees.

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In a joint statement issued Thursday, Gov. Mikie Sherrill and Attorney General Jennifer Davenport said the Department of Homeland Security appeared to be backing away from the project following legal challenges that halted development.

“Today the New York Times is reporting that the U.S. Department of Homeland Security is backing down on its mass detention center in Roxbury,” the statement said. “That is a big win for public safety, for the township of Roxbury, and for New Jersey.”

According to the Times report, the Roxbury facility is one of seven ICE is planning to dispense with by transferring ownership to other federal agencies or selling them. 

Opponents argued the warehouse was designed as a logistics facility and lacked the infrastructure necessary to support a large detention center. They also raised concerns about the potential strain on local water and sewage systems and the impact on environmentally sensitive land surrounding the site.

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State officials said they joined Roxbury Township in court to challenge the project, contending that federal plans violated local regulations and posed risks to the community.

“DHS’s plans were always illegal,” the statement said. “The Roxbury warehouse is a logistics center fit for packages, not thousands of people.”

Rep. Rob Menendez said in a statement on Thursday: “We are working to confirm reporting that ICE is abandoning its Roxbury warehouse plans, but if true, this would be big news. From day one, we have fought to stop this facility, bringing together thousands of New Jerseyans in opposition. Now we are on the cusp of an important win for our state.” 

The detention center was expected to become part of the federal government’s broader immigration enforcement and detention network. However, the project became a flashpoint in New Jersey, drawing opposition from both local officials and residents concerned about public safety, environmental impacts and the facility’s compatibility with surrounding land uses.

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Federal officials have not publicly confirmed whether the property will be sold or formally removed from consideration. The Department of Homeland Security has not commented on the reported change in plans.

Opponents vowed to continue monitoring the situation until the project is officially terminated.

“This isn’t a partisan issue,” the statement said. “We’re grateful for our partnership with the Roxbury community as we keep DHS’s feet to the fire to ensure this facility is never opened.”



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NJ rabbi faces lawsuit for sexual assault after giving financial aid | The Jerusalem Post

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NJ rabbi faces lawsuit for sexual assault after giving financial aid | The Jerusalem Post


A rabbi in Ocean County is being sued by a woman who claims he sexually assaulted her when she came to him for financial help, then defamed her on a website and in fliers he posted near her children’s school.

Avraham Appel, of Jackson, abused his position as a trusted community leader to sexually assault and exploit the woman, an Israeli immigrant who came to him as a single mother struggling to pay bills, according to the lawsuit, filed in the Superior Court of Ocean County.

Appel is a prominent rabbi and Rosh Kollel, or head of a Jewish institute for advanced Talmudic study, who is based in Lakewood and Jackson, according to court papers filed January 5.

Appel did not respond to calls to his home and cellphone seeking comment on the lawsuit.

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The woman claims she confided in one of her children’s schoolteachers in early 2020 that she was in significant financial distress and having trouble paying for daycare.

A NEW Jersey police car stands guard on November 1, 2017, in Paterson, New Jersey. (credit: EDUARDO MUNOZ ALVAREZ/AFP via Getty Images)

The teacher suggested she contact Appel, according to the suit.

In February 2020, Appel arranged to meet with the woman at a local Starbucks.

“During that meeting, Appel presented himself to (the woman) as a rabbi, mentor, advisor, and friend whom (the woman) could trust, confide in, and depend on,” the lawsuit states.

Appel, who had experience in real estate, allegedly offered the woman an opportunity to solicit investments on his behalf and to “draw,” or advance, money against future commissions.

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Rabbi issues payments to woman after alleged sexual assault

In June and July 2022, Appel issued six payments to the woman, totaling $20,000 and characterized as advances or loans. He also provided the woman with “financial assistance” so she could buy groceries and pay medical expenses and water bills, according to the suit.

The lawsuit claims most of the money was meant to buy the woman’s silence after he attacked her on June 1, 2022.

The suit alleges Appel visited the woman while she was alone at home and sexually assaulted her as she pleaded for him to stop.

“Appel was abusive and unrelenting. The more (the woman) pled for mercy, the more aggressive Appel became,” the suit alleges.

Before leaving her home, he allegedly ordered her to delete Ring camera footage that showed him arriving.

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In the months after the assault, Appel “forced himself upon” the woman and took sexual advantage of her on other occasions, the suit claims.

Appel also allegedly bombarded the woman with demands for sexual acts and sent her a barrage of text and WhatsApp messages containing crude and graphic sexual content.

“I want to squeeze your breasts,” one text allegedly said. In another, he sent the woman a photo of his penis, the suit alleges.

In July 2024, the woman met with another rabbi and shared evidence of the sexual assault and “other incidents involving Appel,” the suit claims.

Woman offered $50,000 for therapy after sexual assault

Appel later contacted his attorney and the two offered the woman $50,000 to cover her future therapy expenses.

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The money would be available only if the woman signed a release of any claims related to the assault and agreed to keep all incidents between them confidential, according to the suit.

The woman refused to accept the money or sign the agreement, the suit says.

Appel then launched a campaign to destroy the woman “personally and professionally,” according to the lawsuit.

On December 15, 2025, the woman became aware of a website with her photos that claimed she was “a danger to all Jews,” and warned the public to stay away from her, according to the complaint.

The website disclosed the woman’s address, claimed she stole money, and characterized her as a “thief.”

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Moreover, Appel and possibly others posted signs smearing the woman. The signs were posted at public locations throughout the community, including the school her two children attended, the suit alleges.

The lawsuit claims sexual assault, invasion of privacy, intentional infliction of emotional distress, defamation, and conspiracy.

The complaint also alleges Appel breached his duty as a rabbi to conduct himself with loyalty and in good faith.





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