FBI Nabs Wanted Fugitive In Newark After 16 Years On The Lam

NEWARK, NJ — FBI agents apprehended a wanted fugitive in Newark on Friday who has spent almost 16 years evading law enforcement. Steven Nacim, 50, was charged with wire fraud, conspiracy to commit wire fraud, bank fraud, and conspiracy to commit bank fraud. The total amount of the alleged fraud comes to about $2.8 million, authorities said.

A federal arrest warrant for Nacim’s arrest was issued on July 31, 2002 by the United States District Court in Newark.

Nacim is currently in custody in New Jersey; his initial appearance was slated for Friday before U.S. Magistrate Judge Cathy Waldor.

According to the FBI’s wanted notice:

“Steven Nacim is wanted for his alleged involvement in a large Middle Eastern Criminal Enterprise (MECE) operating in New Jersey and elsewhere. The MECE was engaged in numerous financial fraud schemes. In March and April of 2002, Nacim and others owned and operated a business known as Computer 3000, based in New Jersey and Casablanca, Morocco. The group was allegedly involved in the cashing of a fraudulent check and then wire transferring the proceeds through multiple other accounts. They were also allegedly involved in the purchasing of computers and computer-related merchandise using company checks. The checks were drawn on bank accounts with insufficient funds in them, and the merchandise purchased was shipped to Morocco. The total amount of the fraud was approximately $2.8 million. Nacim was indicted on July 31, 2002, and a federal arrest warrant was issued in the United States District Court, District of New Jersey, Newark, New Jersey, after Nacim was charged with wire fraud, conspiracy to commit wire fraud, bank fraud, and conspiracy to commit bank fraud.”

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