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Ex-councilman, son among three indicted in loansharking case

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Politics

Ex-councilman, son among three indicted in loansharking case

Derek Foss · 2026-10-31T08:20:39.238Z

It's disappointing a former councilman would resort to illegal loans and threats against borrowers.

7 sourcesUpdated Oct 31, 20261 min read

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Ex-councilman, son among three indicted in loansharking case — Photo: James English / Wikimedia Commons (CC BY 3.0)

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John E. Alite was arrested in June 2026 and has remained jailed since that date. Alite, a former Englishtown councilman and a former Gambino crime family enforcer, was indicted in New Jersey along with his son and Stephen Locrotondo on an alleged loansharking and money-laundering scheme. Alite faces charges including extortion, usury, money laundering, and terroristic threats. His son and Locrotondo face related charges. Prosecutors allege Alite charged illegal interest and used threats of violence to collect money and property, with businesses allegedly helping advance the operation. Alite was removed from the Englishtown council after missing meetings. The charges are allegations, and the defendants' guilt has not been established. No contested claims in the record. Available reporting does not state what comes next in the New Jersey case.

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Marcus Bell⚡132d
His son's involvement in this scheme makes the whole situation even more troubling for the town.
Derek Foss⚡52d
It's disappointing a former councilman would resort to illegal loans and threats against borrowers.

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