Report: Norcross Pleads Not Guilty
From Bloomberg Law: New Jersey Democratic power broker George Norcross pleaded not guilty Tuesday to 13 charges related to a tax incentive development scheme.
Norcross and five others were indicted last month on racketeering and conspiracy charges. State Attorney General Matthew Platkin (D) alleged the group engage in a decade-long scheme to steer development tax credits and government contracts to favored parties in the City of Camden.
The thirteen-count indictment unsealed today alleges that through a series of unlawful acts, the Norcross Enterprise obtained property and property rights on the Camden Waterfront for itself and others, collected millions of dollars in government-issued tax credits, and controlled and influenced government officials to further the interests of the enterprise.
The indictment available here alleges that from as early as 2012 through the present, the Norcross Enterprise used its power and influence over government officials to craft legislation tailored to serve the interests of the enterprise, and with the cooperation of then-Camden Mayor Dana Redd and other officials, used parts of the city’s government to aid the enterprise in acquiring property and property rights for itself and others through coercion, extortion, and other criminal acts. All six of the following defendants are charged with first-degree racketeering:
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