- Oct 17, 2011
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New Jersey Attorney General Matt Platkin (D) on Monday charged Democratic power broker George Norcross and five others with first-degree racketeering in a 13-count indictment, that, among other things, said he channeled tax breaks to himself and others in his circle.
“The state alleges that George Norcross has been running a criminal enterprise in the state for at least the last 12 years,” Platkin said. “This alleged conduct of the Norcross enterprise has caused great harm to individuals, businesses, nonprofits, the people of the state of New Jersey and especially, especially to the city of Camden and its residents.”
Platkin and his team have been investigating Norcross for over a year in connection with redevelopment projects across Camden, one of New Jersey’s poorest cities. According to Platkin’s office, Norcross and the five other defendants “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.”
Norcross... was charged alongside his brother Philip A. Norcross and former Camden mayor Dana Redd. Philip Norcross is the chief executive of a law firm headquartered in Camden.
Norcross has long been a kingmaker in New Jersey politics, perhaps one of the most powerful nonelected Democrats in the state. A wealthy insurance executive, Norcross is known in New Jersey for being a generous political campaign donor and credited for building a powerful group of South Jersey state legislators, and the Norcross family name is well known among Democrats seeking political office in South Jersey.
“The state alleges that George Norcross has been running a criminal enterprise in the state for at least the last 12 years,” Platkin said. “This alleged conduct of the Norcross enterprise has caused great harm to individuals, businesses, nonprofits, the people of the state of New Jersey and especially, especially to the city of Camden and its residents.”
Platkin and his team have been investigating Norcross for over a year in connection with redevelopment projects across Camden, one of New Jersey’s poorest cities. According to Platkin’s office, Norcross and the five other defendants “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.”
Norcross... was charged alongside his brother Philip A. Norcross and former Camden mayor Dana Redd. Philip Norcross is the chief executive of a law firm headquartered in Camden.
Norcross has long been a kingmaker in New Jersey politics, perhaps one of the most powerful nonelected Democrats in the state. A wealthy insurance executive, Norcross is known in New Jersey for being a generous political campaign donor and credited for building a powerful group of South Jersey state legislators, and the Norcross family name is well known among Democrats seeking political office in South Jersey.