(mug shot: Essex County Corrections Facility)
In the Allied case, the trustee is in the process of deposing the assets and the up-date showed which ones, as well as Schwartz attempt to get out of jail on bail before his trial starts. It appears he doesn't have the assets to do so. Many have called saying they have heard from attorneys Schwartz has money hidden overseas, but that is just "talk" or perhaps a wish from creditors who most likely will not only wind up with a loss from the transaction, but attorney and court fees, plus a lot of time wasted by they and their staff. Many of the loans were made after both Lease Police and Leasing News made alerts about the company.