Town Reveals $26M Theft

Cranbury Township, New Jersey, disclosed on Nov. 6 that about $26 million intended for affordable-housing property purchases was stolen in a fraudulent wire transfer on Sept. 28. Investigators have frozen nearly $17.3 million, and a multi-agency task force is working to recover the funds. Residents questioned why officials waited more than five weeks to announce the theft, which was disclosed three days after Election Day.

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