OLD TAPPAN, N.J. -- A borough man swindled a 92-year-old Connecticut woman out of more than $1 million by claiming it was for a Christian charity, said authorities who arrested him on theft by deception and money laundering charges.
Sonny Y. Lee, 57, became a focus of the Bergen County Prosecutor's White Collar Crime Unit after an investigator with Bank of America "reported unusual banking activity" between him and the victim, Prosecutor John L. Molinelli said.
They found that Lee convinced the elderly woman to donate more than $1 million to the charity but was "simply exploiting the elderly woman to enrich himself," he said.
Lee, who is listed as the principal Universal Funding Capital Limited, was released on a summons pending grand jury action.
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