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Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions
Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions A former stockbroker is heading to federal prison for his role in a massive fraud scheme based on Long Island that swindled elderly victims out of millions of dollars. Jeffrey Chartier, age 59, of Florida, was sentenced to 10 years behind bars in federal court in Central Islip Thursday, Dec. 1. It followed his March 2020 jury conviction on multiple charges, including conspiracy to commit securities fraud, conspiracy to commit wire fraud, and money laundering. Federal prosecutors said between 2014 and 2016, Chartier and others worked with a Melville-based “boiler room” to artificially infla…

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by Michael Mashburn
News
Federal Jury Convicts Long Island Man In $600M Medical Billing Fraud Scheme Federal Jury Convicts Long Island Man In $600M Medical Billing Fraud Scheme
Federal Jury Convicts Long Island Man In $600M Medical Billing Fraud Scheme A federal jury has convicted a New York man for perpetrating a massive medical billing fraud scheme that netted hundreds of millions of dollars. Long Island resident Matthew James, age 54, of Saint James, appeared in US District Court in Central Islip on Wednesday, July 13, where he was found guilty on nine counts that included wire fraud and identity theft. The verdict followed a six-week trial in which federal prosecutors laid out how James ran phony medical billing companies to defraud insurance companies of more than $600 million. Working with his co-conspirator doctor clients around …

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by Michael Mashburn
News
Duo Charged In Connection With Overdose Deaths Of Four On East End Of Long Island Duo Charged In Connection With Overdose Deaths Of Four On East End Of Long Island
Duo Charged In Connection With Overdose Deaths Of Four On East End Of Long Island Two Long Island men are facing charges for conspiring to distribute drugs that led to the deaths of four people in the East End last summer, federal prosecutors announced. Riverhead residents Marquis Douglas - also known as “Prince,” and “President,” age 36 - and Jesse “Jah” Pace, age 38, were charged in Central Islip federal court with conspiring to distribute fentanyl, cocaine, heroin and crack cocaine. Prosecutors said that the indictment also charges the two with the distribution of controlled substances resulting in four separate deaths on Aug. 13, 2021, and Douglas with possession of …

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by Zak Failla
Politics
Ex-State Assembly Speaker Sheldon Silver Dies In Prison Ex-State Assembly Speaker Sheldon Silver Dies In Prison
Ex-State Assembly Speaker Sheldon Silver Dies In Prison Embattled former New York State Assembly Speaker Sheldon Silver, once one of the state’s most powerful politicians, has reportedly died at the age of 77 in a Hudson Valley prison. A Democrat, Silver was sentenced to six-and-a-half years in prison in July 2021 on corruption charges and died at the Otisville Correctional Institution in Orange County on Monday, Jan. 24, officials announced. Silver, who at one point represented most of Manhattan, was found guilty of two counts of honest service wire fraud, two counts of honest services mail fraud, two counts of extortion under the color of off…

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by Zak Failla
Politics
Taxpayers Covering Millions Of Dollars For His Legal Fees, Cuomo Admits Taxpayers Covering Millions Of Dollars For His Legal Fees, Cuomo Admits
Taxpayers Covering Millions Of Dollars For His Legal Fees, Cuomo Admits Taxpayers in New York are reportedly paying more than $900 an hour to foot the bill for Gov. Andrew Cuomo’s team of defense lawyers as he faces mounting scandals amid his upcoming re-election campaign. Despite receiving upwards of $5 million for his book about leadership during the pandemic and hosting a planned $10,000 per person fundraising dinner, Cuomo is not paying out of pocket for his counsel as he is probed both by state and federal prosecutors. Original story - COVID-19: Cuomo To Get $5M For Book On Pandemic, Tax Records Reveal During a COVID-19 briefing on Wednesday, June 2 at t…

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by Zak Failla