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$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says $4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says More than $4.3 billion has now been recovered for victims of Bernie Madoff’s massive and infamous Ponzi scheme, the Justice Department announced, as part of a decade-long effort that has compensated over 40,000 people worldwide for nearly 94 percent of their losses. The DOJ says  its 10th and final distribution from the Madoff Victim Fund (MVF), provided more than $131 million to over 23,000 victims. The latest distribution marks the culmination of a decade-long effort to recover and return forfeited funds tied to Madoff's fraudulent investment empire. Most victims, primarily small inv…

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by Joe Lombardi
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CT Woman, Accomplice Who Served As Legislator Convicted Of Defrauding Business Of $250K CT Woman, Accomplice Who Served As Legislator Convicted Of Defrauding Business Of $250K
CT Woman, Accomplice Who Served As Legislator Convicted Of Defrauding Business Of $250K A former county legislator in New York and an accomplice from Connecticut have been convicted by a jury of scamming a business out of more than a quarter of a million dollars. George Guldi, who served as a Long Island legislator representing the South Fork of Suffolk County, and Litchfield County resident Victoria Davidson, of Lakeville, Connecticut, defrauded Ditech Financial LLC, a mortgage lender, Damian Williams, the United States Attorney for the Southern District of New York, announced. “George Guldi, while in prison, concocted and conducted a scheme along with his co-consp…

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by Joe Lombardi
Police & Fire
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties
Don Jr. Leaves NY As City Cancels Trump Organization Contracts, PGA, Corporate America Cut Ties Donald Trump Jr. has become the latest member of the First Family to flee New York amid more fallout tied to the circumstances surrounding his father's unprecedented second impeachment. According to reports, Trump Jr. is following in the footsteps of his sister, Ivanka, who already left New York to establish residence in Florida. The move comes as the PGA moved the 2022 championship from the Trump golf course in Bedminister, New Jersey, and corporate America began severing all ties with the much-maligned president. Reports stated that Trump Jr. is looking at homes in Jupiter, Florida, less…

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by Zak Failla
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Chase Customers Report Missing, Additional Money In Bank Accounts Chase Customers Report Missing, Additional Money In Bank Accounts
Chase Customers Report Missing, Additional Money In Bank Accounts Some JPMorgan Chase customers who checked their accounts overnight found hundreds or even thousands of dollars missing, and in some cases, added. "We know some customers reporting seeing incorrect balances in their checking account overnight," Chase said in a statement on Sunday morning, June 28. "This was caused by a technical issue that delayed updates on what displayed on Chase Mobile and Chase Online." The company said the issue was resolved at 9 a.m. Eastern Time and "accounts now show current balances." Reports of the issue were prevalent on social media. One Twitter user p…

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by Joe Lombardi