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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
Police & Fire
Suspect Nabbed In Attempted Robbery At Bank Of America Brand In Region Suspect Nabbed In Attempted Robbery At Bank Of America Brand In Region
Suspect Nabbed In Attempted Robbery At Bank Of America Brand In Region A man wanted in connection with an attempted Hudson Valley bank robbery was nabbed by police. Orange County resident Basil Martusevich, age 56, of the town of Newburgh, was caught around 10:45 p.m., Friday, Nov. 4. The attempted robbery took place in the town of Newburgh around 5 p.m. Friday at the Bank of America, located at 1414 Route 300, said Lt. Peter Talarico. During the attempted robbery, Martusevich threatened a teller with a gun and then fled the scene, Talarico said. Through interviews and an investigation, Martusevich was identified as a suspect, he added. Martusevich was char…

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by Kathy Reakes
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