Disgraced developer Dwek gets 72 months

Monmouth County real estate developer Solomon Dwek was sentenced today to 72 months in prison in connection with his scheme to defraud PNC Bank of more than $50 million, U.S. Attorney Paul J. Fishman announced.

Dwek, 40, pleaded guilty in October 2009 before U.S. District Judge Jose L. Linares to an Information charging him with one count each of bank fraud and money laundering.  Judge Linares imposed the sentence today in Newark federal court.

Disgraced developer Dwek gets 72 months