In addition to spending millions of dollars on properties in New Jersey and New York, including a horse farm, Schwartz used the money in Ponzi-scheme fashion to repay earlier bank loans that were a part of the scheme. The “supplier” then sent the money received from the financial institutions (minus his 3-5% payment) to an entity created by Schwartz to facilitate the fraud. Pursuant to these arrangements, the financial institutions purchased the medical equipment – which they immediately leased to Schwartz and Allied – and sent payment for the medical equipment to the purported supplier.
Using the phony invoices from the “supplier,” Schwartz convinced the financial institutions to enter into leasing arrangements. Instead, the “supplier” created phony invoices that appeared to reflect legitimate transactions.Īs part of the scheme, Schwartz approached various financial institutions and informed them that Allied needed to lease particular medical equipment. In reality, the purported medical equipment supplier did not provide Schwartz and Allied with any equipment during that time. New Jersey is a hub for health care and financial industry, and we have no room for bad actors who criminally exploit our success.”Īccording to documents filed in this case and statements made in Newark federal court:įrom at least 2002 through July 2010, Schwartz, through Allied Health Care Services, convinced financial institutions to pay more than $135 million by telling them that the money would be used to lease valuable medical equipment. Also victimized in this scheme were his employees, who watched his greed bankrupt the company that signed their paychecks. Attorney Fishman stated: “Charles Schwartz turned phantom medical equipment into very real profits by tricking financial institutions out of tens of millions of dollars. He has been in federal custody since that time. Schwartz was previously charged by complaint and arrested by special agents of the FBI on September 2, 2010. As I, wrong, form.The owner and president of Allied Health Care Services, an Orange, NJ durable medical equipment corporation, admitted to organizing and executing a $135 million phony lease scheme that caused losses of more than $ 80 million and victimized more than 50 financial institutions, U.S. So the poems are also (don’t kid yourself) about threat which lurks through their dexterous, devious syntax: 'a swarm / from which I am wrung. Something’s always snagging on the tooth of it. For example, 'my country / provides an illusion of synthesis, as my landlord supplies // a fantasy of individuality.' Or, 'Lack is spacious and, / a spring, seams me to it.' I think also that these poems are about the safety of a house, or rather 'the idea' of it. I think what Cindy Juyoung Ok’s poems do is they misspeak ('don’t skid yourself') so as to speakbig, where speakbig is like writ large: the little glitch opens on to major malfunction. In fact, that’s the final command of this marvelous work: 'Think.' Paul Tran These are poems I wish I’d written, and these are poems that’ll shift how you think. 'When it comes to survival there is no right / way but there’s no wrong way either.' Knowing that 'form outlives / you,' and that 'exile is always story,' Ok gives shape through cutting syntax, thrumming phonic echoes, and elegantly embroidered lines to new stories about estrangement, desire, and how the human imagination both rescues and restricts.
'I’m sorry we need to be bodies here.' Form, play, and an attention to-as well as an attending to-a world besieged by racialized ('marred by yellow / wages') and gendered ('to be an object of some / verb') labors combine in these profoundly intelligent poems. 'A woman is a thing that absorbs,' the speaker declares in House Work by Cindy Juyoung Ok. 'Form' she writes, 'outlives / you, but barely,' revealing that the boundaries of the poem are only slightly less precarious than that of the body, a home only slightly more stable than the field that surrounds it. Cindy Juyoung Ok’s House Work is a revelation of the interior, and this collection sounds the measure of rooms and language, love and knowing, longing and safety.
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