NEWARK, N.J. – A assets developer and supervisor from Indiana today admitted his part in a scheme to defraud authentic estate traders, U.S. Legal professional Philip R. Sellinger declared. Herbert Whalen, aka “Bert Whalen,” 47, of Indianapolis, Indiana, pleaded guilty by videoconference in advance of U.S. District Choose Madeline Cox Arleo to the first depend in an indictment, charging him with conspiracy to dedicate wire fraud “The defendant preyed on harmless victims’ need to enhance their individual financial position as a result of what they thought were seem investments,” U.S. Attorney Sellinger stated.  “Working with our partners at the FBI, we had been equipped to find his illegal activity and…