TRENTON, N.J. — Two New Jersey men, including an Englishtown councilman, were arrested in an organized crime investigation involving allegations of terroristic threats, extortion, usury and conspiracy, Attorney General Jennifer Davenport announced.
John Alite, 63, of Englishtown, was arrested June 19 and charged with multiple counts of theft by extortion, corporate misconduct, usury and terroristic threats. Authorities said Alite is a councilman in Englishtown.
Authorities allege Alite made loans above the maximum rate permitted by law and then obtained property and money from victims by threatening violent acts. He is also accused of misusing his corporation, Straightened-Out Entertainment Inc., to promote the alleged criminal scheme.
Stephen Locrotondo, 67, of Bridgewater Township, was also arrested and charged with usury and conspiracy. Authorities allege he agreed to receive interest on loans above the legal maximum rate in coordination with Alite.
“These arrests are the result of rigorous investigative work and the strong cooperation between the Division of Criminal Justice and New Jersey State Police, who work tirelessly every day in the pursuit of justice,” said Attorney General Davenport. “Our office is dedicated to ensuring that all businesses conduct themselves fairly and lawfully. The conduct alleged in this case was anything but, and we will work to hold those who cheat and steal accountable.”
“Our commitment to holding offenders accountable and delivering justice for victims does not end with an arrest,” said DCJ Director Theresa L. Hilton. “We remain steadfast in our mission to secure justice for every victim to ensure their voices are heard.”
“The charges in this case, which include theft by extortion, terroristic threats, usury, conspiracy, and corporate misconduct, represent serious allegations involving the use of intimidation, coercion, and unlawful financial practices for personal gain. These offenses strike at the fundamental principles of fairness, accountability, and public trust,” said Jeanne Hengemuhle, Acting Superintendent of the New Jersey State Police. “Today’s arrests reflect the diligent work of detectives committed to uncovering complex criminal activity and pursuing justice on behalf of those impacted. Individuals who seek to enrich themselves through intimidation, exploitation, or abuse of power should expect to be held accountable for their actions.”
