Jackson Victim Allegedly Defrauded Out of $300K in HELOC Scheme

A Mount Laurel man has been charged after authorities say he fraudulently obtained control of a $300,000 home equity line of credit belonging to a victim in Jackson Township.

Ocean County Prosecutor Bradley D. Billhimer announced that Stephen Intrieri, 44, was charged on May 21 with Theft by Unlawful Taking and Impersonation stemming from an investigation into alleged fraudulent activity dating back to October 2025.

According to investigators, the victim had taken out a Home Equity Line of Credit (HELOC) against his property in the amount of $300,000, intending to invest part of the funds with Intrieri. Authorities said Intrieri allegedly completed the loan application using the victim’s name while listing his own contact information, allowing him exclusive access to the HELOC account.

Investigators further alleged that Intrieri transferred the funds into an E-Trade account inaccessible to the victim. Prosecutors say Intrieri also communicated with the victim while pretending to be representatives of the mortgage company as part of the scheme.

The charges were filed on May 21, and Intrieri’s name was entered into the National Crime Information Center database.

Anyone with information related to the investigation is urged to contact Detective Kyle Richardella of the Ocean County Prosecutor’s Office Economic Crimes Squad at 732-929-2027 ext. 3224.

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