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| Home > Banking Division
> Enforcement Activity |
2023 Office of Consumer Finance Licensee Enforcement |
| February > March > April > May > August > September > November |
| November |
Final Order
Tien Tran - Philadelphia
Reference # 0806694
Order No. OCF23-17, November 13, 2023. Respondent failed to register as an officer for a money transmitting business and failed to register the business with the appropriate federal regulator. Penalty: $20,000.
Final Decision and Order
Mario Fermin Zavala
NMLS # 260931
Order No. OCF23-18, November 29, 2023. Respondent falsified documentation to obtain a mortgage loan through his employer. Respondent’s mortgage loan originator license was revoked. Penalty: $5,000. |
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| September |
Final Order
Candor, Inc. d/b/a Candor Auto Sales - Toms River, NJ
Eloise Eckert - Toms River, NJ
Reference # 0512316
Order No. OCF23-16, September 29, 2023. Respondent engaged in the business of a New Jersey motor vehicle installment seller without a license. Penalty: $12,000. |
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| August |
Consent Orders
Eve Ackerman - Vineland, NJ
P & B Development Co. - Vineland, NJ
H&K Property Management, LLC - Vineland, NJ
Ackerman Real Estate, LLC - Vineland, NJ
Ackerman Investment Co., LLC - Vineland, NJ
Reference # N/A
Order No. OCF23-13, August 22, 2023. Respondent engaged in the business of a Residential Mortgage Lender without a license. Penalty: $300,000.
STC and Lam, Inc. - Vineland, NJ
Stella Lam - Vineland, NJ
Huy Lam - Vineland, NJ
Reference # 0806694
Order No. OCF23-14, August 22, 2023. Respondents failed to register with FinCEN as a money service business, failed to produce requested books and records for examination, and conducted business in an unsafe or unsound manner. Penalty: $15,000.
Caribbean Communication, LLC d/b/a Caribbean Mega Center - Camden, NJ
Jose R. Marrero - Camden, NJ
Reference # N/A
Order No. OCF23-15, August 31, 2023. Respondent engaged in the business of a check casher without a license. Penalty: $10,000. |
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| May |
Order to Show Cause
RT Solo 401K Trust and Richard Titlebaum a/k/a Rick Titlebaum - Merion Station, PA
Reference # N/A
Order No. OCF23-12, May 8, 2023. Respondent is alleged to have operated as an unlicensed residential mortgage lender in New Jersey.
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| April |
Final Order
Ricardo Gomez - Red Bank, NJ
NMLS # 206686
Order No. OCF23-09, April 19, 2023. Respondent operated as an unregistered mortgage loan originator in New Jersey from January 2013 to November 2016. Penalty: $125,000.
Consent Orders
Nunez Brothers Grocery, Inc. – Camden, NJ
Reference # N/A
Order No. OCF23-10, April 5, 2023. Respondent engaged in the business of a check casher in New Jersey without a license. Penalty: $3,000.
Sussex County Auto & Trailer Exchange, Inc. - Wantage, NJ
Reference # 1400897
Order No. OCF23-11, April 25, 2023. Respondent operated as a motor vehicle installment seller in New Jersey without a license. Penalty: $1,000. |
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| March |
Consent Order
The Rate Kings Mortgage, LLC – West Chester, PA
NMLS # N006961
Order NO. OCF23-07, March 27, 2023. Respondent failed to timely file its annual report for operating year 2020. Penalty $6,000. |
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| February |
Final Orders
A to Z Auto Sales, Inc. - North Arlington, NJ
Reference # 1000485
Order No. OCF23-01, February 3, 2023. Respondent engaged in the business as a motor vehicle installment seller in New Jersey without a license. Penalty: $157,000.
Carl DiAntonio - Sicklerville, NJ
NMLS Ref. # 218391
Horizon Lending Inc. - Sicklerville, NJ
NMLS Ref. # 1806029
Order No. OCF23-02, February 3, 2023. Respondent abandoned its Sicklerville, NJ office and failed to secure its books and records. Penalty: $25,000.
Consent Orders
Passaic Check Cashing Service, Inc. - Passaic, NJ
Reference # 8301639
Order No. OCF23-03, February 8, 2023. Respondent violated several provisions of the Check Cashers Regulatory Act. Penalty: $35,000.
Route 88 Vehicle Corp. d/b/a Honda Universe – Lakewood, NJ
Reference # 8301034-CO1
Order No. OCF23-08, February 10, 2023. Respondent engaged in the business as a motor vehicle installment seller in New Jersey without a license. Penalty: $1,000.
Amended Order to Show Cause
STC and Lam, Inc. - Vineland, NJ
Reference # 0806694
Tien Tran - Philadelphia, PA
Stella Lam - Vineland, NJ
Huy Lam - Vineland, NJ
Order No. OCF23-04, February 14, 2023. Respondents are alleged to have failed to register with FinCen as a money service business, and to have conducted business in an unsafe manner.
Orders to Show Cause
Ricardo Gomez - Red Bank, NJ
NMLS # 206686
Order No. OCF23-05, February 14, 2023. Respondent is alleged to have operated as an unregistered mortgage loan originator in New Jersey.
Eve Ackerman - Vineland, NJ
P & B Development Co. - Vineland, NJ
H&K Property Management, LLC - Vineland, NJ
Ackerman Real Estate, LLC - Vineland, NJ
Ackerman Investment Co., LLC
Reference # N/A
Order No. OCF23-06 – February 14, 2023. Respondent is alleged to have operated as a mortgage lender in New Jersey without a license. |
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