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$20M Scheme: Former Westchester Resident Steals Funds From Bank For Investment Firm, Feds Say $20M Scheme: Former Westchester Resident Steals Funds From Bank For Investment Firm, Feds Say
$20M Scheme: Former Westchester Resident Steals Funds From Bank For Investment Firm, Feds Say A former Westchester resident faces charges after allegedly stealing funds from a bank through lines of credit totaling $20 million for the multi-million-dollar municipal tax lien investment firm that he founded, federal officials announced.  John Arthur Hanratty, a 49-year-old New York-licensed attorney who lived in Rye until 2019 before moving to San Juan, Puerto Rico, was arrested on fraud charges in connection with a scheme to steal money from a bank for his investment firm, the US Attorney's Office for the Southern District of New York said. According to federal officials,&nb…

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by Ben Crnic
Politics
Retailers Can't Refuse To Accept Cash Under New CT Measure Retailers Can't Refuse To Accept Cash Under New CT Measure
Retailers Can't Refuse To Accept Cash Under New CT Measure Cash will remain king in Connecticut, as lawmakers opted to prohibit cashless retailers from setting up shop in the state. Committee members of the General Assembly approved legislation that will prohibit businesses such as Amazon Go from refusing cash for payment. The bill was passed, following in the footsteps of several other states nationwide who are encouraging consumers to use cash. The bill, which was introduced by Rep. Holly Cheeseman, overwhelmingly passed last month by a 15 to 1 vote. Fairfield County Rep. David Rutigliano was the lone dissenter, arguing that such measures should …

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by Zak Failla