New Jersey 'Mortgage Broker' Charged After Allegedly Using Client Funds to Buy a Lamborghini, Authorities Say a viral rumor claiming a mortgage broker fled the country with embezzled money is only partially true. While a real New Jersey broker, James R. Holloway, was arrested in late 2024 for allegedly using $850,000 in client funds to purchase a luxury sports car, a fake social media post exaggerates that he also stole from a church pension fund. The actual criminal complaint lists only three victim-clients from a residential real estate deal, with no mention of religious organizations. Authorities confirm the Lamborghini was seized and the broker is out on bail, awaiting trial.