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| Home > Banking Division
> Enforcement Activity > 2021 OCF Licensee Enforcement |
2021 Office of Consumer Finance Licensee Enforcement |
| January > February > March > April > May > June > July > December |
| December |
Order to Cease and Desist
Daniel Markus, Inc. d/b/a Perfect Pawn, dba Cash Cow- Kearny, NJ
Reference #’s 1702746, 1702974, 1501778, 1501779, 1401171, 1200822, 1000161, 1401170, and 1501780.
Order No. OCF21-18, Respondent used the word “pawn” or “pawnbroker” in its advertisements or communications to the public in New Jersey, without a license. |
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| July |
Order of Remand
Garden State Auto Mall, LLC. -Jersey City, NJ
Reference # 1501971
Order No. OCF21-10, July 15, 2021. Respondent failed to file its annual report for Fiscal Year 2018. Penalty $2,881.
23RD Auto Group, LLC. – Linden, NJ
Reference # 1602356
Order No. OCF21-09, July 15, 2021. Respondent failed to file its annual report for Fiscal Year 2018. Penalty $2,948. |
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| June |
Consent Order
Rightway Auto Sales LLC - Westampton, NJ
Reference # 1501854
Order No. OCF21-08, June 24, 2021. Respondent failed to file its annual report for Fiscal Year 2019. Penalty $15,000. Respondent paid the penalty in full satisfaction of order and license was reinstated.
Order Amending Notice of Violation
KBB Auto Sales LLC – North Bergen, NJ
Reference # 1703175
Order No. OCF21-07, June 9, 2021. Respondent failed to file the 2019 annual report by February 1, 2021. Respondent appealed and as a result of the discussions and negotiations during the course of the conference, the parties have resolved the matter in dispute. Penalty: $12,000. |
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| May |
Order Dismissing Appeal
MBA Mortgage Services, Inc.
Reference # 129584
Order No. OCF21-06, May 21, 2021. Respondent MBA Mortgage Services, Inc. failed to file the annual report for year ending December 31, 2018. Respondent's appeal was dismissed for failure to appear at three scheduled pre-hearing conference calls. Accordingly, the Department's Order and Notice of Violation AR19-N010134 dated June 7, 2019, became effective as a final agency decision. Subsequently, Respondent filed the annual report for the year ending December 31, 2018 and paid the administrative fine in the amount of $2,000 in full satisfaction of the Department's Order and Notice of Violation AR19-N010134. |
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| April |
Consent Order
Mirage Auto Inc – Newark, NJ
Reference # 9905619
Order No. OCF21-05, April 1, 2021. Respondent engaged in the business as a motor vehicle installment seller in New Jersey without a license. Penalty: $8,000. |
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| March |
Consent Order
MB Toms River LLC – Toms River, NJ
Reference # 1703020
Order No. OCF21-04, March 23, 2021. Respondent engaged in the business as a motor vehicle installment seller in New Jersey without a license. Penalty: $6,000.
Order for Possession of Records
Horizon Lending Inc - Sicklerville, NJ
Carl DiAntonio, Respondent
Reference # 1806029
Order No. OCF21-03, March 25, 2021. Respondents abandoned their office at the licensed location; Respondents failed to safeguard and secure their books, accounts, records, and other documents pertaining to their mortgage origination business, and Respondents left their books and records unsupervised at the licensed location. |
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| February |
Consent Order
Strand Finance Inc – Morganville, NJ
Reference #8300414
Order No. OCF21-02, February 17, 2021. Respondent stopped the payment of insurance premium checks. Penalty: $17,600. |
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| January |
Order to Cease and Desist
R&D Pawn Outlet, LLC d/b/a R&D Pawn Outlet & Smoke Shop – Vineland, New Jersey
Reference # 1904226
Order No. OCF21-01, January 25, 2021. Respondent advertises itself to the public as a pawnbroker without being licensed. Respondent shall immediately cease and desist from using the word “pawn” or “pawnbroker” in its name. |
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