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David Ostrove

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LI Man Who Embezzled $8.4M From Private School To Buy Cars, Beach Houses Gets Prison Time LI Man Who Embezzled $8.4M From Private School To Buy Cars, Beach Houses Gets Prison Time
LI Man Who Embezzled $8.4M From Private School To Buy Cars, Beach Houses Gets Prison Time A former employee at a Long Island private school who lived the high life after embezzling millions of dollars will spend years in prison. David Ostrove, age 52, of West Islip, was sentenced to between 8 ⅓ and 25 years in prison in Suffolk County Court on Wednesday, April 17, following his conviction for grand larceny and money laundering. Prosecutors said Ostrove transferred over $8.4 million from Williston Park’s Schechter School of Long Island into his own personal accounts between March 2014 and April 2022. Earlier Report: West Islip Man Embezzled $8.4M From Private School, Boug…

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by Michael Mashburn
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Employee Embezzled $8.4M From Williston Park Private School, Bought Cars, Beach Houses: Jury Employee Embezzled $8.4M From Williston Park Private School, Bought Cars, Beach Houses: Jury
Employee Embezzled $8.4M From Williston Park Private School, Bought Cars, Beach Houses: Jury An employee of a Long Island private school lived the high life after embezzling millions of dollars from his employer, a jury found. David Ostrove, age 52, of West Islip, was found guilty of grand larceny and related charges in Suffolk County Court on Tuesday, March 12. Prosecutors said Ostrove transferred over $8.4 million from Williston Park’s Schechter School of Long Island into his own personal accounts between March 2014 and April 2022. During that time, he served as the school’s chief financial and technology office. An investigation found that he later used the stolen money to fu…

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by Michael Mashburn
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Former Employee Accused Of Stealing $8.4 Million From Schechter School In Nassau County Former Employee Accused Of Stealing $8.4 Million From Schechter School In Nassau County
Former Employee Accused Of Stealing $8.4 Million From Schechter School In Nassau County A 51-year-old man was indicted for allegedly stealing $8.4 million from a New York private school during the 11-year period when he worked there. Long Island resident David Ostrove, of West Islip, was indicted on charges of first-degree grand larceny and first-degree money laundering for allegedly stealing from the Schechter School of Long Island, located in Nassau County, in Williston Park, while he worked as chief financial and technology officer and director of operations, according to an announcement from Suffolk County District Attorney Raymond Tierney on Monday, July 25. “As alleged i…

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by Nicole Valinote