FREEHOLD, N.J. — A Long Branch man has been charged with financial crimes after allegedly withdrawing more than $44,000 from a bank account before a check he deposited was returned for insufficient funds, authorities said Wednesday.
Jacob Gindi, 33, faces charges of third-degree bad checks and third-degree theft by deception, according to Monmouth County Prosecutor Raymond S. Santiago.
The Monmouth County Prosecutor’s Office (MCPO) Financial Crimes and Special Prosecutions Unit launched an investigation following a referral from the Deal Police Department, which was alerted to fraudulent activity at a local bank branch in December 2024. Authorities say Gindi deposited a $44,500 check months earlier and quickly withdrew the funds through bank transfers, debit card purchases, and a bank check before the original deposit cleared. The check was later returned for insufficient funds.
Gindi turned himself in on Tuesday and was released on a summons pending future court proceedings in Monmouth County Superior Court.
The case is being prosecuted by MCPO Assistant Prosecutor Lawrence Nelsen, and Gindi is represented by attorneys Brian Ansell and Kevin Clark of Ocean Township. Authorities urge anyone with additional information on the case to contact MCPO Detective Sgt. Michael Acquaviva at 800-533-7443.
A Long Branch man is facing criminal charges after allegedly orchestrating a fraudulent bank scheme that led to the loss of more than $44,000.
