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Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy
Rite Aid has announced specific store closures just days after the struggling pharmacy chain filed for bankruptcy.
Of the 154 closures nationwide announced on Tuesday, Oct. 18, 20 are in New York, 14 of which are on Long Island.
Rite Aid currently has 2,100 stores and about 45,000 employees.
The Long Island stores slated for closure are:
2 Whitney Ave., Floral Park
3131 Hempstead Turnpike, Levittown
3199 Long Beach Road, Oceanside
198 West Merrick Road, Valley Stream
836 Sunrise Highway, Bay Shore
2784 Sunrise Highway, Bellmore
901 Merrick Road, Copiague
577 Larkfield Road, East Nor…
Owner Nabbed For $40M Trademark Counterfeiting At NY Boutique, Police Say
A New York woman has been charged with trademark counterfeiting after tens of millions of dollars in fake labels for such high-end brands as Gucci and Prada were allegedly found at her boutique.
The combined value of the items was over $40,000,000, police said.
Long Island resident Lindsay Castelli, age 31, of Smithtown, surrendered to the Nassau County Asset Forfeiture Unit on Friday, Oct. 7, following an investigation that began in April 2021.
According to detectives, in April 2021 an extensive investigation with the assistance of the US Postal inspectors was conducted at Linny…
Former Sales Chief Of NY Mortgage Lender Sentenced For $8.9M Fraud Scheme
The former co-owner and executive at a New York mortgage lender has been sentenced for an $8.9 million fraud scheme, federal authorities announced.
Long Island resident Edward E. Bohm, age 44, of Smithtown, formerly the president of Sales and part-owner of mortgage lender Vanguard Funding, LLC, based in Garden City, was sentenced on Tuesday, Aug. 30 at the federal courthouse in Central Islip to two years in prison.
Bohm was also ordered to pay $3,488,615.42 in restitution and $1,500,000 in criminal forfeiture.
In February 2019, Bohm pleaded guilty to conspiring to …
