.
News Alert
Suspected 'Red Bull' Robbers From Toms River Wawa …

Developer, Family Indicted in Monmouth-Ocean Mortgage Scheme

Twelve-count indictment alleges fraud in Toms River, Lakehurst, Howell and Wall, among other towns

A Wall Township developer and several of his family members have been indicted in connection with an alleged mortgage fraud scheme.

Christopher Colatrella, 40; John T. Colatrella, 49; Alexis Colatrella, 27; Vincent Veritas, 24, all of Wall; Delores Cittadino, 79, of Long Branch; Martin D'Amato, 27, of Colonia, and Clara Carr, of Bayonne, all were named in a 12-count indictment handed up by an Ocean County grand jury in Toms River.

Christopher Colatrella owns CMC Holdings LLC; John T. Colatrella, his brother, owns Colatrella Properties; Alexis Colatrella, John's daughter, is a former employee of Mortgage Line Financial Services, as is D'Amato. Veritas is John Colatrella's stepson, and Cittadino is John's mother-in-law. Carr's relationship to the others is unknown.

The group, except for Carr, was arrested in August in what the Ocean County Prosecutor's Office labeled "Operation Family Affair." According to information released at the time, the group bilked more than $2 million through a real estate deal flipping scheme.

According to the indictment, the fraud took place between May 25, 2007 and July 11, 2008 in Lakewood, Lakehurst, Toms River, Howell, Matawan and Wall.

Christopher Colatrella was indicted on two counts of first-degree financial facilitation of criminal activity, two counts of first-degree conspiracy to commit financial facilitation of criminal activity, and a count of second-degree conspiracy to commit theft by deception. The indictment alleges he directed the property transactions in an amount exceeding $500,000 and engaged others in the criminal activity.

Alexis Colatrella was indicted on two counts of first-degree financial facilitation, two counts of first-degree conspiracy to commit financial facilitation, three counts of theft by deception, and a count of second-degree conspiracy to commit theft by deception. The indictment alleges she falsified mortgage applications to Lehman Brothers Bank, JP Morgan Chase Bank and Washington Mutual Bank, each in excess of $75,000.

John Colatrella was indicted on two counts of first-degree conspiracy to commit financial facilitation of criminal activity and a count of second-degree conspiracy to commit theft by deception.

D'Amato was indicted on a count of theft by deception for allegedly falsifying a mortgage application to Bank of America, and conspiracy to commit theft by deception.

Carr was indicted on a count of theft by deception, for allegedly falsifying a mortgage application to American Partners Bank, and conspiracy to commit theft by deception.

Cittadino and Veritas each were indicted on a single count of conspiracy to commit theft by deception.

Ocean County Prosecutor Marlene Lynch Ford said the arrests were the result of a yearlong investigation into the group's activities.

Christopher Colatrella, John Colatrella and Alexis Colatrella were released from the Ocean County Jail, Toms River, on $500,000 bail, no 10 percent, each, on Aug. 23 and all were required to surrender their passports. D'Amato was released on $100,000 bail, no 10 percent, on Aug. 23 and required to surrender his passport.

Bail information on Carr, Cittadino and Veritas was not immediately available.

Maya Grace September 18, 2012 at 07:32 PM
What's awful is that you losers like to be BIG and BAD and talk sh*t behind your computer screens and in the comforts of your own homes and offices... You're ALL pathetic !!!
Mike Fassanello September 18, 2012 at 09:21 PM
Hypocritical at all? Who's being big and bad Maya??? Seems like you're doing some talking of your own.
. September 18, 2012 at 09:26 PM
It seems as though there was a very thorough investigation on this family before the indictments came down. There are an awful lot of charges listed for this not to be true. We aren't pathetic, Maya Grace. It is pathetic to defend such thieves. We are sick and tired of crooks like this preying upon the innocent. These days, people don't get away with much!
Maya Grace September 18, 2012 at 10:13 PM
Keep deflecting off of your self Mike .. You seem to be the biggest loser of the bunch ... I'm sure you're hiding behind a fake name like the rest of them ... I,unlike you, worked all day and wasn't try to fight with people all day on my computer. I'll say it again...PATHETIC !
Mike Fassanello September 18, 2012 at 10:20 PM
I'm a big freaking loser who thinks I'm cool and likes to bash other people on a computer. I appoligize for being such am incredibly big d-bag but I have nothing better to do with my time. I have no girlfriend or friends at all for that matter. I sit at home all day and watch porn and fight with people on the patch. Only god can judge me !!
So Much to Say September 18, 2012 at 10:36 PM
@Mike Fassanello Do you sit arround all day and cheat people out of their homes, cheat banks out of money, cheat the IRS by not reporting your illegal gains of you theft? Sitting home all day watching porn don't look so bad to me then.....Enjoy! Anyone who defends such crooked trash should be sitting in the same jail cell as them. PERIOD!!!!!!!
So Much to Say September 18, 2012 at 10:39 PM
http://woodbridge.patch.com/articles/fancy-pups-atty-gets-five-years-for-mortgage-fraud Must be a friend of these crooks.
Mtort September 18, 2012 at 10:47 PM
They got indicted because they're too stupid to think there's no paper trail in a crime that involves nothing but filling out papers. They'll get some jail time, pay the restitution for 20 yrs and have to re file tax returns for the yrs they committed the crimes and then the IRS will get them
Sean Conneamhe September 19, 2012 at 12:09 AM
"Sounds like a disorganized crime family."
clamdigger September 19, 2012 at 01:59 AM
Voted #1 post of the day!
clamdigger September 19, 2012 at 02:02 AM
I say we just skip the trial and go straight for the hanging. It's time to bring back public lynchings at the county courthouse,make it a once a month happening. We can have a beer truck,hot pretzels,cotton candy and a Saturday hanging, what a way to spend the day.
LA September 19, 2012 at 02:49 AM
I happen to know this family personally and they would never hurt another person for profit. On the contrary, they would take the shirt off their back for someone in need.
So Much to Say September 19, 2012 at 03:02 AM
It's so nice to see these SWINDLERS have friends. Or are they cohorts??? HANG THESE CROOKS
. September 19, 2012 at 03:19 AM
I seem to remember people saying the same things about Mike Ritacco when his fiasco started. They all said what a great guy he was, what wonderful things he did for Toms River, he would never steal from the "children" etc. We heard it all from his defenders. What are they saying now that his behind has to be in jail for 11 years? Can't wait to hear how this case plays out.
LA September 19, 2012 at 09:48 AM
I wonder if all of the people that are "throwing stones" are comfortable living in their glass houses. Also, The Ritacco incident was very different. He held a public position and was trusted by tax paying citizens with their money. It was estimated that he embezzled over a million dollars a YEAR while he held office. He KNEW what he was doing was illegal, and still continued his actions year after year. And he actually IS a nice guy, by the way.
Billabong September 19, 2012 at 11:09 AM
I get it now. If you're going to accept bribes, screw taxpayers, lie to people with behind the back dealings (which eventually land you in prison) - do so with a smile and a handshake and you too can be a "nice guy." Good people sacrifice for the people and kids they serve, not try to profit from their position.
Bowie Thelonius September 19, 2012 at 12:01 PM
From the article: Christopher Colatrella, John Colatrella and Alexis Colatrella were released from the Ocean County Jail, Toms River,on $500,000 bail, no 10 percent, each, on Aug. 23 and all were required to surrender their passports. D'Amato was released on $100,000 bail, no 10 percent, on Aug. 23 and required to surrender his passport. WOW!!! $500,000 bail, and no 10 percent. Does that mean they each had to put up $500,00 in cash?
Minden Yo September 19, 2012 at 12:39 PM
Isn't there something productive all of you have to do besides create drama? Too much TV watching?
Mike Fassanello September 19, 2012 at 01:30 PM
Obviously it's very easy to duplicate someone's username on these boards. I'm not quite sure what I said that was so offensive to these folks but wow, there's quite a bunch here. @Maya, this is my real name. How am I deflecting off myself? What does that even mean? And fake Mike, what are you even talking about? I haven't "bashed" anyone. Read the comments.
ed sherwood September 19, 2012 at 05:11 PM
same name 51 years, never hid behind anything....................................
annabel September 19, 2012 at 07:09 PM
I also have known the family and can agree that they would give the shirts off their backs, but to say that they would never hurt another person for money??? you obviously haven't known them that long.....
annabel September 19, 2012 at 07:10 PM
I also have known the family and can agree that they would give the shirts off their backs, but to say that they would never hurt another person for money??? you obviously haven't known them that long.....
Lakehurst Resident September 19, 2012 at 07:38 PM
Nice people who cheat and steal? I don't care how nice they are if their morals are in the toilet. I sat on a grand jury for a year in Trenton and the prosecutors present hard, tangible and diligent evidence before an indictment is handed down. I am not one who finds everyone accused to be guilty before a trial by their peers but an indictment for financial fraud is usually very thoroughly damning. I believe that they'll have their weeks in court and can prove how innocent they are but the trials of this sort are usually iron-clad evidence with no true defense.
clamdigger September 19, 2012 at 09:17 PM
###'s don't lie. A good forensic accountant will find it no matter how it's hidden.
jj251 September 20, 2012 at 01:30 AM
I have known this family for a very long time. They have always been complete scum. Always will be. They just cannot help themselves. They do not care who they hurt or what they do, they care about themselves and only themselves. These half ass want to be wise guys think that they can go through life and do whatever they want. They derserve a long time behind bars. They derserve for the IRS to be all over them and find out what is really going on. I've never met a good Colatrella and I never will.
Old Enough September 20, 2012 at 04:38 AM
Wow, I guess you could be a counter character witness after Michelle and Annabell take the stand. LOL.. The comments are funny in this link.. LOL Either way innocent until proven guilty if our Constitution is still legal when this trial kicks off. Once you are notified of your charges, the Fifth Amendment of the Constitution protects you from self-incrimination, which allows you to refuse to testify during your trial. You may also confront any witnesses who are testifying against you and collect your own witnesses and evidence. Your rights also protect you from unreasonable search and seizure-meaning the government must have a search warrant in order to search your private property. If evidence was collected illegally, it cannot be used against you in court. Finally, you have the right to be tried by a jury of your peers if you desire. Individuals who are charged with serious crimes also must be indicted by a grand jury before their case goes before the court. Because you are innocent until proven guilty, the prosecution must prove your guilt beyond a reasonable doubt. In other words, once all of the evidence against you is considered, no reasonable person should be able to question your guilt-otherwise, you cannot be found guilty. You also cannot be charged with the same crime twice.
Colonia Resident September 28, 2012 at 11:50 AM
John has priors so I am sure he will get some time. Chris graduated Law School so he may have a trick or two up his sleeve. I am appalled that John got his daughter and 79 year old mother in law involved in such a scam. That's just so selfish. I don't know how some of these idiots could defend them just because they were never on the losing side of the table when it came to dealing with this family. WAKE UP YOU'RE LIVING IN A BUBBLE. Indictments aren't just handed down because someone has a small amount of credible evidence. It's because the state feels they have enough evidence to go to trial and win the case. These people have stolen from all of us tax payers because it is our dollars that will be used to find them guilty and our dollars that will facilitate and feed them for a couple years in prison. I am a Colonia resident and have known this family for a long time and this whole debacle doesn't surprise me at all. The reason people are using screen names and fake names to hide their identity on this patch is most likely because they know members of this family and know they would take revenge. They'll have their day in court.
Long Branch Resident October 03, 2012 at 05:59 PM
Grand jury indicts 16 in scheme According to a press release from the Monmouth County Prosecutor's Office, Daryl M. Colatrella, 33, of Wall Township; John H. Gebala, 48, of Toms River; John M. Catania, 39, formerly of Marlboro; Jennifer Gilarmo, 53, of Fort Lee; Jeffrey D. Rankin, 36, of Freehold; Luigi Carulli, 31, of North Plainfield; Tanya Banks, 40 of Roselle; Greg Matarazzo, 49, of Wall Township; Mounir M. Guiruis, 41 of Edison; John T. Colatrella, 43, of Wall Township; Frank DiComo, 41, of Woodbridge; Anthony Brennan, 48, of Elizabeth; and Michael A. Calabrese, 56, of Toms River, were all indicted for second degree conspiracy and theft by deception. IT''S. ALL THE COLATRELLA'S Not one good thing about this family
Long Branch Resident October 05, 2012 at 10:23 AM
http://mugshots.com/US-Counties/New-Jersey/Monmouth-County-NJ/Daryl-Colatrella.7648552.html
Indle King January 06, 2014 at 05:53 PM
wheres the daryl the retard? in prison still

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »