TOMS RIVER. N.J. — The Ocean County prosecutor's office in New Jersey confirmed yesterday that a drowning victim discovered by a passerby Monday night in Manasquan Inlet is Frank D'Alessandro, a Fort Myers real estate broker and defendant in a series of suits involving Norlarco Credit Union of Fort Collins, Colo. under NCUA conservatorship.
A spokesman for the prosecutor said D'Alessandro, 52, drowned as a result of an apparent boating accident. D'Alessandro had been missing since last Wednesday after his kayak was found overturned off a Mantoloking beach.
The D'Alessandro death made headlines this week in the Coloradoan, a Fort Collins paper that has been chronicling the collapse of Norlarco and its lending links to failed real estate deals.
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