Find Your Daily Voice
44°
Tag: US Attorney Breon Peace
NY Businesswoman Convicted Of Obstructing IRS, Filing False Tax Returns
A New York businesswoman is facing federal prison time after being convicted of obstructing the IRS and filing false tax returns.
Long Island resident Lorraine Pilitz, age 64, of Merrick, was found guilty on all five counts against her by a federal jury in Central Islip Wednesday, Nov. 9, following a two-week trial.
Federal prosecutors said between 2011 and 2013, Pilitz, who owned several automotive businesses on Long Island, regularly structured cash deposits in a way that allowed her to avoid filing financial reports that are required for all transactions over $10,000.
The scheme resulte…
NY Duo Charged For $27M Investment Fraud Scheme
Two New Yorkers are facing federal charges for allegedly duping foreign nationals into investing in a fictitious private school and selling access to politicians.
Long Island residents Sherry Xue Li, age 50, and Lianbo Wang, age 45, both of Oyster Bay, were arrested Monday, July 18, on multiple charges tied to a decade-long scheme that netted $27 million, according to a criminal complaint filed in US District Court in Brooklyn.
Federal prosecutors said Li and Wang convinced more than 150 victims to fork over money for the development, construction, and operation of the made-up school in Su…