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NJ A4376
Bill
Status
2/19/2026
Primary Sponsor
Alex Sauickie
Click for details
AI Summary
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Creates a third degree crime for selling counterfeit coins or bullion by falsely representing their precious metal content, grade, or authentication status, or by altering coins to inflate their apparent value
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Applies to violations of existing theft by deception and forgery statutes when used to deceive buyers about gold, silver, or other precious metals
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Requires convicted offenders to pay victims triple damages in addition to any other penalties
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Establishes enhanced mandatory minimum sentences when victims are senior citizens (age 62+): imprisonment of one-third to one-half of the sentence imposed, or one year minimum, with no parole eligibility during that period
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Third degree crimes in New Jersey carry penalties of 3-5 years imprisonment and fines up to $15,000
Legislative Description
Establishes crime of selling certain counterfeit items; establishes enhanced penalties for crime if committed against senior citizen.
Aging and Human Services
Last Action
Introduced, Referred to Assembly Aging and Human Services Committee
2/19/2026