Five New Jersey Indian Real Estate Agents Arrested on Charges of Money Laundering, Theft and Forgery

Five New Jersey Indian real estate agents Chander Singh, Sooruj Paul Singh, Savitree Joyce Singh, Subhas Brian Singh and Chandrika Basil Singh are arrested by North Bergen County prosecutors office on November 10, 2020 on charges of money laundering, theft and forgery.

Here are the details of five arrested New Jersey Indian real estate agents:

  • Chander Singh (44), a resident of Teaneck, NJ and owner of real estate company SC Capital Investors LLC
  • Emerson, NJ resident Sooruj Paul Singh (76) – a licensed real estate broker employed by Century 21 All Stars 100 and father of Chander Singh
  • Savitree Joyce Singh (72)- mother of Chander Singh; and a licnesed real estate broker employed by Century 21 All Stars 100
  • Bergenfield, NJ resident Subhas Brian Singh (50)- brother of Chander Singh; and a licnesed real estate broker employed by Century 21 All Stars 100
  • And, Chandrika Basil Singh (71) Bergenfield – a friend of Chander Singh; licnesed real estate broker employed by Century 21 All Stars 100; and director and board member of the Eastern Bergen Board of Realtors and New Jersey Multiple Listing Service respectively

According to the case documents:

In February 2020, detectives from the Bergen County Prosecutor’s Office Financial Crimes Unit began receiving complaints regarding CHANDER SINGH, Esq., and his company, SC Capital Investors LLC, from multiple investors who stated that they were owed money from various related real estate transactions.

…..CHANDER SINGH and his company, SC Capital Investors LLC, a distressed real estate renovation company, perpetrated a Ponzi-like scheme in which CHANDER SINGH promised investors double digit returns.

….CHANDER SINGH falsely solicited $4.7 million from approximately 30 investors through a web of entities under the umbrella of SC Capital Investors LLC. CHANDER SINGH operated the fraudulent scheme since at least 2014.

….CHANDER SINGH conspired in his fraudulent scheme with his father and mother, SOORUJ “PAUL” SINGH and SAVITREE “JOYCE” SINGH, both licensed real estate brokers/agents; his brother SUBHAS “BRIAN” SINGH, a licensed real estate agent; and their family friend CHANDRIKA “BASIL” SINGH, a licensed real estate agent and Director of the Eastern Bergen Board of Realtors, a panel which oversees ethical complaints related to real estate, and a board member of the New Jersey Multiple Listing Service.

Charges Against the NJ Indian Real Estate Agents

Chander Singh is charged with one count each of:

  • Money Laundering, in violation of N.J.S.A. 2C:21-25b(1) – a 1st degree crime
  • Conspiracy To Commit Money Laundering, in violation of N.J.S.A. 2C:21-25b(2) – a 2nd degree crime
  • Conspiracy to Commit Theft of Entrusted Property, in violation of N.J.S.A. 2C:20-9 – a 2nd degree crime
  • Conspiracy To Commit Theft By Deception, in violation of N.J.S.A. 2C:20-4(a) – a 2nd degree crime
  • Conspiracy To Commit Identity Theft, in violation of N.J.S.A. 2C:21-17a(4) – a 2nd degree crime
  • Conspiracy To Commit Forgery, in violation of N.J.S.A. 2C:21-1a(3) – a 3rd degree crime
  • Conspiracy To Commit Structuring Financial Transactions, in violation of N.J.S.A. 2C:21-25e(3) – a 3rd degree crime
  • Conspiracy To Commit Falsifying Or Tampering With Records, in violation of N.J.S.A. 2C:21-4b – a 3rd degree crime
  • Hindering, in violation of N.J.S.A. 2C:29-3b3 – a 3rd degree crime

And, Sooruj Paul Singh, Savitree Joyce Singh, Subhas Brian Singh and Chandrika Basil Singh are charged with one count each of:

  • Conspiracy To Commit Money Laundering, in violation of N.J.S.A. 2C:21-25b(2) – a 2nd degree crime
  • Conspiracy to Commit Theft of Entrusted Property, in violation of N.J.S.A. 2C:20-9 – a 2nd degree crime
  • Conspiracy To Commit Theft By Deception, in violation of N.J.S.A. 2C:20-4(a) – a 2nd degree crime
  • Conspiracy To Commit Identity Theft, in violation of N.J.S.A. 2C:21-17a(4) – a 2nd degree crime
  • Conspiracy To Commit Forgery, in violation of N.J.S.A. 2C:21-1a(3) – a 3rd degree crime
  • Conspiracy To Commit Structuring Financial Transactions, in violation of N.J.S.A. 2C:21-25e(3) – a 3rd degree crime
  • Conspiracy To Commit Falsifying Or Tampering With Records, in violation of N.J.S.A. 2C:21-4b – a 3rd degree crime

The five New Jersey Indian real estate agents Chander Singh, Sooruj Paul Singh, Savitree Joyce Singh, Subhas Brian Singh and Chandrika Basil Singh were remanded to Bergen county jail pending their first appearance in Central Judicial Processing Court in Hackensack, NJ.

Important
The charges filed against NJ Indian real estate agents Chander Singh, Sooruj Paul Singh, Savitree Joyce Singh, Subhas Brian Singh and Chandrika Basil Singh are mere accusations and they must be presumed innocent until proven guilty.

Other NJ Indian Real Estate Agents in Legal Trouble
Real Estate Investor Nirav Patel Indicted for alleged Theft of $750,000

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