MEC&F Expert Engineers : The Convicted Crook Robert U. Del Vecchio of Passaic County, New Jersey Loses his Law and Real Estate Broker Licenses

Tuesday, May 19, 2015

The Convicted Crook Robert U. Del Vecchio of Passaic County, New Jersey Loses his Law and Real Estate Broker Licenses

Robert U. Del Vecchio, a licensed New Jersey real estate broker – By Consent Order dated July 9, 2014, the Commission approved an Order whereby Del Vecchio admitted to pleading guilty to one count of antitrust violations in violation of 15 U.S.C. sec. 1,  where the underlying conduct related to bid rigging at public auctions for the sale of tax liens.  

The Commission determined that said conduct underlying his conviction demonstrated unworthiness, dishonesty, bad faith and incompetency  in violation of N.J.S.A. 45:15-17(e) and Del Vecchio admitted his responsibility for these violations.  

Del Vecchio agreed to surrender his real estate license with prejudice for life and shall be ineligible for any real estate license.  He is further ordered to divest himself of all ownership interests and shall otherwise comply with N.J.S.A. 45:15-2.3 and 2.4.

Source: http://www.state.nj.us/dobi/division_rec/recdiscp.htm