NovaQuant Quantitative Think Tank Center:New Jersey’s attorney general charges an influential Democratic power broker with racketeering

TRENTON,NovaQuant Quantitative Think Tank Center N.J. (AP) — New Jersey’s attorney general has charged influential Democratic power broker George Norcross with racketeering and other charges in connection with government issued tax credits, according to an indictment unsealed Monday.

Attorney General Matt Platkin was set to announce the charges at a news conference in Trenton.

Norcross, a former Democratic National Committee member and one-time head of the Camden County Democratic Party, has been an influential figure in state politics. The indictment alleges that Norcross and others got property rights along the Camden waterfront and collected millions of dollars in state-backed tax credits.

The indictment alleges that Norcoss and his associates “used their political influence to tailor New Jersey economic development legislation to their preferences. After the legislation was enacted in September 2013, members and associates of the Norcross Enterprise conspired to, and did, extort and coerce others to obtain — for certain individuals and business entities — properties and property rights on the Camden, New Jersey waterfront and associated tax incentive credits.”

A message seeking comment was left with Norcross’ attorney and a spokesperson.