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Holtec fined $5 million to avoid prosecution in N.J. tax credit case

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Holtec fined  million to avoid prosecution in N.J. tax credit case


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Holtec International, a Florida-based company with a high-profile presence in Camden, has agreed to pay a $5 million penalty to the State of New Jersey and avoid prosecution over its applications for tax credits.

In an agreement announced Tuesday by the state Attorney General’s Office, the company also agreed to retain a state-approved independent reviewer to watch over the company’s future applications for state benefits. Holtec and Singh Real Estate Enterprises, a related company, agreed not to pursue further the $1 million in tax credits they applied for. The agreement is binding for three years.

“These agreements reinforce our commitment to protecting New Jersey’s taxpayers and ensuring fairness and integrity in our economic system by preventing companies from defrauding the State’s tax incentive programs,” said Attorney General Matt Platkin. “We are sending a clear message: no matter how big and powerful you are, if you lie to the State for financial gain, we will hold you accountable – period.”

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According to the Attorney General’s Office, Holtec and Singh Real Estate Enterprises applied for the state Economic Development Authority’s Angel Investor Tax Credit Program after learning about it and after Holtect invested $12 million in Eos Energy Services in July 2018. Prosecutors accuse the company of drawing up new investment documents to show that Holtec and Singh each invested $6 million into Eos, hoping to double their tax credit to $1 million.



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Dramatic video shows ferocious flames shooting from row house in Camden, NJ

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Dramatic video shows ferocious flames shooting from row house in Camden, NJ


Wednesday, June 3, 2026 4:08PM

Dramatic video shows ferocious flames shooting from Camden row home

CAMDEN, N.J. (WPVI) — Dramatic video captured ferocious flames shooting from a row house in Camden Wednesday morning.

Firefighters were dispatched to the home on the 1100 block of Baring Street just after 5:30 a.m.

Crews say they now have the flames under control.

No one was injured.

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Copyright © 2026 WPVI-TV. All Rights Reserved.



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Justin Murphy wins New Jersey’s Republican Senate primary

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Justin Murphy wins New Jersey’s Republican Senate primary


Justin Murphy has defeated Robert Lebovics, Richard Tabor and Alex Zdan in New Jersey’s 2026 primary election for the Republican nomination for U.S. Senate.

The Associated Press declared Murphy the winner at 11:25 p.m.,  , with Murphy leading the other GOP candidates with 33% of the vote. Murphy will face Democratic incumbent U.S. Sen. Cory Booker in November’s general election. Booker ran unopposed in the Democratic primary.

Justin Murphy is a former committee person in Tabernacle, a small town in the Pine Barrens of Burlington County. He dedicated his campaign to the men and women of the U.S. military and said he was running because he cares about the culture of America, parental rights, health care and economic opportunity.

Murphy, who is an attorney, said his top priorities include private sector growth, tax cuts and spending reductions. He said during his campaign that he is committed to standing up to terrorism and crime, he supports securing the country’s northern and southern borders and intends to fight for energy independence if elected.

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He also pledged to work to ensure older residents have an excellent Medicare program and said he will fight to keep the Jersey Shore “windmill free.”

During his campaign, Murphy said China poses a serious threat to the U.S., but he supports engaging with the Chinese from a position of strength, politically and economically. He also said on his website that he opposes the legalization of recreational marijuana. He ran for the Republican nomination for U.S. Senate in 2024 and finished in third place.

Here comes the midterms: Murphy to face Booker in November

Booker was elected to the Newark City Council in 1998, then served as the mayor from 2006 until 2013, when he won a special election for the U.S. Senate seat that was left vacant following the death of U.S. Sen. Frank Lautenberg. Booker was reelected the following year in the general election and was victorious in the 2020 general election.

Booker, a frequent critic of the Trump administration, has recently called for the Delaney Hall ICE detention center in Newark to be shut down and has strongly opposed the Department of Homeland Security’s plan to house an immigrant detention center in Roxbury Township.

Last year, Booker made the longest speech in the history of the Senate, lasting 25 hours and five minutes.

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He is considered a potential 2028 Democratic presidential candidate and has introduced legislation to significantly expand the standard tax deduction for singles and married couples, which would lower taxes on low- and middle-income wage earners. Booker grew up in North Jersey and graduated from Northern Valley Regional High School in Old Tappan.

According to the most recent statistics available, there are 6,679,849 registered voters in New Jersey. There are 2,535,718 registered Democrats, 1,677,041 registered Republicans and 2,467,092 independents and others. The general election is Nov. 3.



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Shooting in Atlantic City, New Jersey, leaves suspect dead, 2 police officers injured, mayor says

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Shooting in Atlantic City, New Jersey, leaves suspect dead, 2 police officers injured, mayor says



A shooting in Atlantic City, New Jersey, has left a suspect dead and two officers wounded Tuesday, Mayor Marty Small Sr. said.

The shooting happened in the area of the 100 block of North Florida Avenue. Chopper 3 was over the scene, where a large police presence could be seen.

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CBS News Philadelphia


The conditions of the two officers weren’t immediately available. According to Small, the two officers were executing a search warrant. 

This is a developing story and will be updated.

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