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Oceanport NJ man gets prison for fraud, bilking lenders

Vincent Galano, 60, of Oceanport who admitted to bilking lenders out of $50M was sentenced Monday to 63 months in federal prison.

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Oceanport NJ Prime Financial Funding owner defrauded lenders, say feds

An Oceanport man admitted to defrauding lenders of about $50 million in an invoice factoring schemed that spanned more than 10 years, officials said.

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