2 men sentenced for selling Atlantic City real estate they didn’t own

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2 men sentenced for selling Atlantic City real estate they didn’t own
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The pair used phony deeds to dupe real estate investors, authorities said.

Richard Toelk Jr., 54, of Atlantic City, and his business partner, attorney Keith Smith, 60, of Egg Harbor Township, produced at least 20 fraudulent deeds for Atlantic City properties and filed them with the county clerk’s office in 2018 and 2019, prosecutors said.

Most of the properties were owned by the Atlantic City municipal government and some were privately owned, officials said. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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