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Financial Crimes

Police & Fire
40 Residential Mailboxes Entered In New Canaan, Police Say 40 Residential Mailboxes Entered In New Canaan, Police Say
40 Residential Mailboxes Entered In New Canaan, Police Say Police in Fairfield County issued an alert after dozens of residential mailboxes were found entered by unknown suspects. An officer from the New Canaan Police Department responded to White Oak Shade Road at approximately 6 a.m. on Sunday, Oct. 18, where there was a report of a mailbox that had been entered. Upon arrival, police said that officers found 14 residential mailboxes open on Main Street, and 25 open on White Oak Shade Road. It is believed that they had been entered overnight. As of Monday, Oct. 19, police said that there was no mail reported stolen in any of the mailboxes. Later…

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by Zak Failla
News
New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million
New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million Thousands of Bernie Madoff’s Ponzi Scheme victims will soon see some relief, as the Department of Justice begins the latest distribution of nearly $700 million. This week, the Madoff Victim Fund, which was established by the DOJ, began distributing $695.4 million in funds that were forfeited to the government in connection to Madoff’s scheme. The money will be distributed to more than 27,000 of Madoff’s victims, many of whom call the area home. The latest distribution marks the third in a series of payments from the Madoff Victim Fund as part of Madoff’s fraud, which totaled more than $4 bi…

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by Zak Failla