FAIR LAWN, NJ - A local businessman has been charged with theft by deception, allegedly swindling $250,000 from an investor and "using the money for his own personal gain," law enforcement said.
Bergen County Prosecutor Mark Musella announced the arrest of Fair Lawn resident Wilfried Werner, 56, single and self-employed in construction and real estate businesses, on a charge of "Theft By Deception."
In December 2018, the Bergen County Prosecutor’s (BCPO) Office Financial Crimes Unit received a complaint against Werner from one of his investors who had given Werner $250,000 for a real estate investment, the prosecutor's office said.
"Werner subsequently used the money for his own personal gain," the prosecutor's office stated in a press release.
Werner was arrested on July 23 in Fair Lawn and charged with one count of Theft By Deception. He is scheduled to appear in Central Judicial Processing Court in Hackensack on August 7.
Prosecutor Musella states this charge is merely an accusation and that the defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt, and would also like to thank the Fair Lawn Police Department for its assistance in this investigation.