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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
Schools
Quintuplets' Graduation From MSU Marks Bittersweet First For Close-Knit Siblings Quintuplets' Graduation From MSU Marks Bittersweet First For Close-Knit Siblings
Quintuplets' Graduation From MSU Marks Bittersweet First For Close-Knit Siblings Yes, you were seeing quintuple at the Montclair State University graduation on Monday morning, May 13. The Povolo quintuplets — Victoria, Ludovico, Ashley, Michael and Marcus — graduated from Montclair State University, the first time quintuplets have graduated from a New Jersey university.  The Povolo siblings earned degrees in five different majors.  Victoria: Biochemistry; minor Italian Ludovico:, Political Science, minor Pre-Law, Business Ashley:, English, Teacher Education Program, certification in P-12 Michael:, Nutrition and Food Science, concentration Dietetics Marcus:, …

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by Sam Barron
Police & Fire
Jersey Shore Business Owner From NY Admits $127M Health Care Kickback Scheme: Feds Jersey Shore Business Owner From NY Admits $127M Health Care Kickback Scheme: Feds
Jersey Shore Business Owner From NY Admits $127M Health Care Kickback Scheme: Feds A New Jersey marketing company owner from Rockland County admitted in federal court that he was a major figure in scamming Medicare, TRICARE and other benefit programs out of $127 million. Eric Karlewicz, 44, of Chestnut Ridge, NY, participated in a “circular scheme of kickbacks and bribes” with doctors, durable medical equipment businesses and telemedicine companies to pull off the massive con, U.S. Attorney Vikas Khanna said. Karlewicz – also known as Anthony Mazza -- used his considerable cut from $63.8 million in payoffs to buy himself a fleet of luxury vehicles that included a Ferrari,…

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by Jerry DeMarco
News
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