Plea — No. 1:24-cr-00528 (Dkt. 185, D.N.J.)

Summary

A plea agreement letter dated July 31, 2026 from the United States Attorney's Office for the District of New Jersey to counsel Henry E. Mazurek and Jason I. Ser in the case of Arthur Spitzer, Criminal No. 24-528 (ESK), filed August 19, 2026 as Document 185 in Case 1:24-cr-00528-ESK. Spitzer agrees to plead guilty to Count 6, wire and bank fraud conspiracy under 18 U.S.C. § 1349 with a statutory maximum of 30 years, and Count 22, money laundering under 18 U.S.C. § 1957(a) with a statutory maximum of 10 years. The Office agrees to move to dismiss the other listed counts and not to bring further charges over fraudulent mortgage loans during 2019 and 2020 and the EIDLs in Schedule B. Restitution for Count 6 includes $1,000,000, and the agreed forfeiture amount is $2,350,000. Schedule B lists EIDL loans with a total loan amount of $1,845,400.00 and requested amounts totaling $2,368,900.00.

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