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Yeah, as you say the Star Ledger's just reporting on the reporting. And it might be telling that it says it "could not confirm this report after making numerous phone calls."
Anyway, the part I'm wondering about isn't that there's an investigation or a grand jury (there is, and there should be), but the part about it "closing in," and the editorial's general suggestion that the hammer's about to drop. The Esquires and Salons of the world are always breathlessly claiming (often based on unnamed sources) that some investigation is about to devastate one Republican or another. They've been hilariously wrong about Scott Walker, so I'll wait until a more credible organization, publishing a news story rather than an editorial, weighs in.
If and when that happens, things get serious.