The sentencing for a former prominent radio host and attorney who specialized in senior care has had his sentencing pushed back a month.
Robert Novy, 66, of Brick, who pleaded guilty to first-degree money laundering in Ocean County Superior Court, will now be sentenced Oct. 26.
His sentencing was originally scheduled for Sept. 28.
The state will seek 10 years in state prison, including three years and four months parole ineligibility, as part of the plea agreement for first-degree money laundering.
He admitted to stealing millions—the state believes nearly $3 million from at least two dozen victims—from law firm clients, many of whom didn’t have close relatives to guard their interests, or suffered from dementia.
The six victims are all from Ocean County: two from Brick, two from Manchester, one from Point Pleasant and one from Waretown. One victim, a 98-year-old woman from Manchester, is still alive. The others passed.
From 2009 to 2016, the state alleged Novy stole money from those clients. He used that money for his own purposes, gaining it through “wills, powers of attorney, and trust documents, making himself the sole financial decision-maker for the clients,” the state attorney general’s office said. When some trustees did contest insurance companies paying out policies to Novy, he claimed those were administrative errors and did pay back those funds.
Novy must pay $4 million restitution to victims. He must also surrender his license to practice law in New Jersey and pay the state an anti-money laundering profiteering penalty of $500,000.
He once hosted “Inside the Law,” a popular radio program that focused on topics of interest to senior citizens on 1160-WOBM-AM.
He was arrested Oct. 18, 2016.
The State is still asking anyone who believes they or a loved one might a victim of Novy to contact Deputy Attorney General Kara R. Webster in the State Office of Victim Witness Advocacy at WebsterK@njdcj.org, or if they do not have email access, phone 609-376-2444.