September 9, 2008 - 2:23pm
News

Christie: 'another example of people putting private interests ahead of the public interest'

NEWARK - U.S. Attorney Chris Christie today announced the indictment of Bergen County Democratic Organization (BCDO) Chair Joseph Ferriero and former Bergenfield Borough Attorney and BCDO counsel Dennis Oury on eight counts of conspiring to defraud the Borough of Bergenfield.

"This is another example of people putting private interests ahead of the public interest," said Christie, referring to the two men who are tomorrow scheduled to appear before a federal magistrate here in Newark.

Never disclosing their owenership of a fledgling company called Governmenal Grants, according to the indictment, Oury and Ferriero allegedly received $25,016.97 and $27,538.04 respectively from the Borough of Bergenfield for helping the town receive a grant and loan package.

The rest of $128,625 the men received from the town they disbursed to "other individuals associated with Governmental Grants," the indictment says.

"No where did Ferriero and Oury disclose their ownership of Governmental Grants," said the U.S. Attorney. "They didn't file disclosure forms. Ferriero never told anybody. Disclosure would have put their greed into the light of day."

According to a release issued to the press moments before Christie appeared in his offices to detail the indictment, Ferriero and Oury allegedly "conceived of a plan to form a company called Governmental Grants Consulting (‘Governmental Grants’), that would be paid by Bergen County municipalities to assist these municipalities in obtaining state and local grant monies.

"According to the indictment, Ferriero indicated that Governmental Grants would be successful because he could use his ‘influence’ to help the municipalities ‘get a better result.’"

The indictment alleges that Oury did not disclose at a Jan. 1, 2002 Bergenfield Council reorganization meeting his ownership in Governmental Grants.

"Nonetheless," according to Christie, "Oury then allegedly went on to exercise his official power as borough attorney to further a grant-aided real estate purchase between Bergenfield and a private estate - all as Oury and Ferriero stood to gain personally from their ownership interests in Governmental Grants. Simultaneously, Oury billed Bergenfield for his work as borough attorney on the real estate acquisition."

The men will voluntarily surrender tomorrow, according to Christie.

CLICK HERE TO READ THE INDICTMENT

CLICK HERE TO READ THE U.S. ATTORNEY'S PRESS RELEASE

Max Pizarro is a PolitickerNJ.com Reporter and can be reached via email at max@politicsnj.com.

Comments

This is weak


Ferriero and Oury will be tempted to accept a deal, but they should consider fighting this. Christie & Company have demonstrated, most recently in the Sharpe James case, that they can't really deliver in the courtroom.

09/09/08 4:01 pm

Agreed


Read the indictment -- this is about as solid a case as you can get.

Smallmouth -- wasn't James convicted and going to jail? Not sure where you were going with that logic. Christie has a perfect conviction record to date - your argument is kind of weak.

09/09/08 4:14 pm

Remember this conversation ...


... one year from now. Christie's major league batting average is not based on "convictions" at all. We can count on two hands the number of cases that actually went to trial. From Treffinger to Lynch to Monmouth County, Christie has presented seemingly insurmountable evidence (like this case) that made the accused weak-in-the-knees and accept a plea agreement - in many cases there was no "admission of guilt."

Ferriero and his attorney know this game better than the others.

09/09/08 4:46 pm