Lucas gets five years in federal prision
Former Manalapan Mayor Andrew Lucas was sentenced to five years in federal prison this afternoon for his convictions related to his acquisition of the Burke Farm in the township.
Lucas will have to forfeit the farm he acquired with funds obtained via loans granted based on fraudulent documents, but will not have to forfeit the $417,000 profit he made by selling the development rights to the property to New Jersey’s Farmland Preservation program.
Lucas, 37, was convicted on September 18, 2014 by a federal jury on all 11 counts of an indictment charging him with wire fraud, an illegal monetary transaction, loan application fraud, false statements to the IRS, aggravated identity theft, obstruction of a grand jury investigation and falsification of records in a federal investigation. Lucas was convicted following a two-week trial before U.S. District Judge Freda L. Wolfson, who imposed the sentence today in Trenton federal court.
Following the completion of his time in prison, Lucas will be on probation for three years.
Jeremy Baratta contributed to this report
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What does “forfeit the farm” mean? Sell it to the feds, the state, a crooked banker like Jon Corzine?
I don’t understnd why he gets to keep the money he made on the sale of property. Should’nt that go back with the property?
He owned a house/3-4 Acres that were his before he tried to buy the farm. That, I believe he would be entitled to keep or sell.