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Real Estate

A New Jersey town wired $26 million for property. Then something went terribly wrong

Diana Patel
Reporter · Tuesday, November 10, 2026 at 9:04 PM · 1 min read
A New Jersey town wired $26 million for property. Then something went terribly wrong — Beachwood Real Estate news

A small New Jersey town lost about $26 million after officials were given fraudulent instructions for a wire transfer connected to an affordable housing land purchase. The money disappeared Sept. 28, according to the Cranbury Township official statement.

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