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Teaneck businessman charged with loan-sharking

Photo Credit: Cliffview Pilot File Photo

Bergen County Prosecutor John L. Molinelli tonight confirmed the arrest of a Teaneck businesssman from Rockland County on loan-sharking charges, with immigrants as the alleged victims.

In response to a request earlier today from CLIFFVIEW PILOT about yesterday’s arrest, the prosecutor confirmed that detectives picked up Amir Landsman in Englewood on his way to work in the morning following a five-month investigation.

“Subsequent to [Landsman’s] arrest, court authorized search warrants were executed at his residence and place of business located at 500 Frank W. Burr Boulevard, Teaneck,” he added.

“As a result of the search warrants numerous financial documents, computers, and U.S. Currency in excess of $100,000 dollars was seized.”

Landsman, 45, of Upper Nyack, owns and operates H Capital —  also listed as YLH, LLC — commercial financing company that primary offered cash advances on paychecks

He’s accused, along with unidentified co-conspirators, of “providing loans to local Bergen County businesses and charging an excessive amount of interest in return,” primarly to immigrants, Molinelli said.

Landsman, a native of Israel who used to live in Dumont and Fort Lee, posted $150,000 bail and remains free pending grand jury action on one count of criminal usury.

“The investigation is still ongoing,” Molinelli said.

He thanked the Rockland County District Attorney’s Office Regional Investigative Resource Center Organized Crime Unit and the Teaneck Police Department for their assistance in the investigation.

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