UNION CITY, NJ — The Hudson County Prosecutor’s Office has announced the arrest of Eric Li, a 39-year-old resident of Jersey City, on charges of theft from a Union City homeowners association. Li, who served as the president of the association’s board, is accused of misappropriating over $150,000 in funds for personal use.
The arrest was made by the Special Investigations Unit on Monday, June 17, 2024, following a detailed investigation into the financial activities of the homeowners association between 2017 and 2023. Li is charged with one count of Theft by Unlawful Taking, a second-degree crime under N.J.S.A. 2C:20-3a.
Following his arrest at the Hudson County Prosecutor’s Office in Secaucus, Li was released pending his court appearance, scheduled for Monday, July 15, 2024. The case continues to be under investigation, and further details will be disclosed as they become available.