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Bank of America

News
$3 Million Scheme: NY Financial Advisor Sentenced For Fraud $3 Million Scheme: NY Financial Advisor Sentenced For Fraud
$3 Million Scheme: NY Financial Advisor Sentenced For Fraud A New York financial advisor will be spending time behind bars after he admitted to defrauding a local bank out of millions. Long Island resident Gary Confredo, a 61-year-old from East Northport, received his sentence of 42 months on Tuesday, May 14, the United States Attorney's Office Eastern District of New York announced. Confredo, also known as Gary Conte, is the former operator of Goldstar Financial Management Corporation, a financial services business based in Commack. Original Story: East Northport Financial Advisor Admits To $3M Bank Loan Scheme However, between November…

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by Sophie Grieser
Business
Bed Bath & Beyond Accused Of Scaling Back AC In Stores Amid Drop In Sales Bed Bath & Beyond Accused Of Scaling Back AC In Stores Amid Drop In Sales
Bed Bath & Beyond Accused Of Scaling Back AC In Stores Amid Drop In Sales Bed Bath & Beyond is being accused of cutting air conditioning in its stores in an attempt to lower company expenses, according to a new report from CNN. The news outlet said in a report on Tuesday, June 28, that Bank of America conducted store visits and found that the stores are cutting the AC to try to recover for lower sales. Representatives for Bed Bath & Beyond told CNN that "... no Bed Bath & Beyond stores were directed to adjust their air conditioning and there have been no corporate policy changes in regard to utilities usage." CNN reported that the analysts from Bank …

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by Nicole Valinote