Danny Boice and Jennifer Mellon Real Estate Shenanigans
To catch up the readers new to this continuing saga, Danny Boice and Jennifer Mellon started their life of crime, fraud, and embezzlement together by bamboozling investors into dumping $18 million in their company called Trustify. Danny Boice and Jennifer Mellon then used that money as their personal piggy bank.
Among other things, they used investor money to purchase this lovely house for $1.625 million in Alexandria, Virginia. Which according to Redfin is now for sale for $1.675 million. The house has been for sale since January 2019 and the price has dropped $100 thousand.
Then Jen Mellon and Danny Boice took investor money and purchased a beach house in Sea Isle, NJ. This sweet little vacation home with 5 bedrooms, 5 full baths, and one 1/2 bath located at 14 73rd West, Sea Isle City, NJ – Built in 2017, this house features a private elevator, landscaped backyard, One master suite, and two junior master suites. The two middle bedrooms are separated by a shared full bathroom.
And then wonder of wonders, another group of shady transactions show up. Jennifer Mellon, the Confidential Assistant to Presidential Appointee, FERC Commissioner, Neil Chatterjee (as reported by Rod Kuckro of E&E News), and Danny Boice start playing three card monte with real estate purchased with other people’s money. On March 18, 2019, Danny Boice transferred ownership of the beach house in Sea Isle, NJ to his estranged wife Jen Mellon, former Board Member, Co-founder, and President of Trustify (see the deed transfer document here). I’m told the house went under contract on April 14, 2019. Looks like there will be some cash somewhere soon!
So there you go! Creditors, Investors, and Law Enforcement check out these assets that Danny Boice and Jen Mellon don’t want you to find. Make sure you don’t let the equity disappear to the Cayman Islands. Oh, and what kind of background check did FERC do when they hired Jennifer Mellon? Didn’t she disclose the four lawsuits she is embroiled in? Does a person accused of multiple accounts of fraud and embezzlement make an effective confidential assistant for Federal Agency? Swamp Anyone?
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