patching...
Welcome back, Patch Blogger!

Jordan Zemlock

Monday, April 15, 2013

Financial Planner Sentenced to 10 Years for Fraud

South Brunswick man among 21 clients Marlboro resident Jordan Zemlock defrauded out of nearly $1.5 million, according to county prosecutor.

A former financial advisor from Monmouth County was sentenced to serve up to 10 years in state prison for defrauding his clients out of nearly $1.5 million, according to the Middlesex County Prosecutor's Office. Jordan L. Zemlock, 50, of the Morganville section of Marlboro Township, pleaded guilty in February to a count of theft by failure to make the required disposition of property received, and he admitted cheating his clients out of their investments between Aug. 2009 and March 2012.  As part of the plea agreement, Zemlock must also repay 21 clients a total of $1,466,246 Zemlock was arrested in April, 2012, for the third time in four weeks after a client became suspicious of his advice and declined to give him $129,000 before …

Concerned Citizen

6:04 pm on Monday, April 29, 2013

Throw away the key. This guy is an embarrassment to the human race.   more ›

Monday, February 11, 2013

Financial Planner Pleads Guilty to Defrauding Clients Out of $1.5 Million

South Brunswick man among 21 clients Marlboro resident Jordan Zemlock defrauded out of nearly $1.5 million, according to county prosecutor.

A Monmouth County insurance salesman and financial advisor pleaded guilty on Feb. 4 to charges of defrauding 21 clients out of approximately $1.5 million, the Middlesex County Prosecutor's Office announced today. Jordan L. Zemlock, 50, of the Morganville section of Marlboro Township, pleaded guilty to a count of theft by failure to make the required disposition of property received, and he admitted cheating his clients out of their investments between Aug. 2009 and March 2012. Zemlock was arrested in April, 2012, for the third time in four weeks after a client became suspicious of his advice and declined to give him $129,000 before contacting police, the prosecutor's office said. A subsequent investigation revealed that Zemlock accepted …

Tuesday, May 1, 2012

Financial Planner Charged Again for Bilking Clients

Monmouth County insurance salesman and financial advisor charged for third time in four weeks for allegedly defrauding senior citizens.

A Monmouth County insurance salesman and financial advisor was charged for the third time in four weeks with defrauding clients. Jordan Zemlock, 50, of Hemingway Court in Marlboro, was accused of defrauding five clients for an aggregate total of about $300,000, and for attempting to bilk an additional client of $129,000, according to the Middlesex County Prosecutor's office.   Zemlock, who owns a business called Jay-Zee Financial Group Inc., was arrested again on April 20 after a senior citizen became suspicious of his investment advice before contacting police. Zemlock was charged with attempted theft by deception and theft by failure to make required disposition. Authorities said the thefts occurred between August, 2009 and March, 2012, …

Joe R

3:31 pm on Wednesday, May 2, 2012

It's buyer beware. And as it turns out, some of the biggest financial institutions like Lehman Brothers, Morgan Stanley, AIG, etc, ad nauseam had similar ethics to the accused scam artist in the article. How many more financial scam artists are still out there ripping innocent people off? How many stars are in the heavens? We definitely need more regulations, stronger enforcement and oversight of…   more ›

Wednesday, March 21, 2012

Financial Planner Charged with Stealing $135k from South Brunswick Senior

Jordan Zemlock, 49, of Marlboro, allegedly spent $135,000 of the victim's money on car payments, designer purses and tickets to a Phoenix Suns game.

South Brunswick Police charged a financial planner from Marlboro with stealing $135,000 from a township senior citizen. Jordan Zemlock, 49, of Hemingway Court in Marlboro, is facing second-degree theft charges after turning himself into police headquarters Wednesday morning. Zemlock, who owns the JZ Financial Group, allegedly told the 74-year-old victim from South Brunswick that his money was being invested in an Allianz Insurance account during November last year, according to police. The victim then noticed that funds were missing from his account statement, and he asked Zemlock for an explanation. Police said Zemlock told the victim that he put the funds in the wrong account. The victim eventually reported the fraud to police during the…

Got a Hot Tip?