Trending: Former Mayor Fibbed and Fabricated on Land Buy, Feds Charge

Feds charge that former mayor in New Jersey defrauded a client and submitted falsified tax returns to purchase property.

File Photo
File Photo
By Jacklyn Corley

Manalapan, New Jersey – Former Mayor Andrew Lucas was arrested Friday on numerous charges related to the purchase of property that was later preserved as open space, the U.S. Attorney's Office announced.

Lucas, 36, was arrested as a result of an 11-count indictment charging him with wire fraud, 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 allegedly provided falsified versions of his 2007 and 2008 tax returns in a loan application to a New Jersey bank in which he requested $525,000 to finance his purchase of the property. He is also accused of falsely reporting that he had $210,000 in cash. The U.S. Attorney's Office said Lucas, who owned and operated Lucas Capital, approached a client to pitch an investment in an entity called VLM Investments in order to obtain the $250,000 down payment for the property from that person.

On Feb. 15, 2010, Lucas presented a written note to the client stating that the $250,000 investment would be used for equipment and inventory for VLM. However, Lucas allegedly did not inform the client that, at the time the note was signed, VLM did not exist or that he intended to make personal use of the funds.

On Feb. 18, 2010, Lucas created VLM by registering it with the state and the IRS, allegedly using the name and Social Security number of an out-of-state relative without that person's knowledge or permission. Federal investigators served Lucas with subpoenas on Friday for the records of VLM and Lucas Capital Advisors.

In response, Lucas allegedly provided federal authorities with a fabricated and back-dated letter purporting to be from the relative concerning a transaction for the purchase of the Burke Farm property.

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anonymous February 07, 2014 at 05:31 PM
Is there no end to this corruption. People do not go into politics to serve anymore now its all about the power, position and money. We have to change our elected officials every few years because we are not electing the smartest people, they cant even be good criminals. anonymous
emerson.d.boozer February 07, 2014 at 06:05 PM
Not that it matters because it can be easily googled but mentioning his political affiliation would be germane. I gave up keeping score cause they are both nauseating.
ray February 07, 2014 at 06:32 PM
Hey, anonymous. What do you mean "anymore"? It was always about the money.
anonymous February 07, 2014 at 07:25 PM
Depends how far you go back. It started as a privilege to serve if you go back far enough. Totally voluntary when it stood for something. People like that are hard to come by now but you can still find them serving food at food pantry's and kitchens across america. It is this kind of person I call them the higher then self group that I wish were in these positions. There are still good people out there you just have to look in the right places. I truly wish it was not a very high paying job. That would keep these self-serving jerkoffs away form ever running.
Mike Furman February 07, 2014 at 09:03 PM
Why is a New Jersey mayor on Iowa City LOCAL news?
jks February 08, 2014 at 05:34 AM
This article has nothing to do with our local news. Why has Patch changed so much to add out of state news. Is there not enough going on locally to make the news interesting?
Jack February 08, 2014 at 09:17 AM
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Mrs. G. February 08, 2014 at 09:57 AM
I live in NJ, and this is not local news for my town as well. Patch should rethink this...I use to use it a lot for local news. Now I find myself looking at it less and less. Frustrating.
Lisa Scher February 08, 2014 at 10:49 AM
I don't understand =how Patch considers this "local" news. This is getting just as bad as the Journal News now.
Rick Ricky February 08, 2014 at 12:26 PM
Big Deal, Another lying Mayor who was supported by lying council members and towns people.
Rick Ricky February 08, 2014 at 01:27 PM
Maybe the patch wants you to realize that your town is not a lone in the corruption that is going on.
chris February 08, 2014 at 06:21 PM
Goodbye Half Hollow Hills Patch. You no longer have local coverage.
Sean Conneamhe February 09, 2014 at 09:00 AM
"Impeach Lucas..."
John February 10, 2014 at 02:57 AM
I know in South Jersey (Camden County) there are MANY "Fibbers" and "Fabricators" and to add insult to injury they lie like a Mo Foe .Especially when the mysterious L.L.C.meets the available commercial property that just falls right the hell out of the sky. Life is good if your a Dem. and remember "they're only doing it to help people "


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