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47°
Monday, may 6
Tag:
Real estate investment
News
Long Island Man Charged With Stealing $45K In Investment Scheme
A Long Island man is facing charges for allegedly stealing more than $45,000 from a former family friend's widow that was earmarked for investment opportunities, the DA announced. Huntington resident Craig Stone, 64, was arraigned on Thursday, Sept. 24 on a grand larceny charge for allegedly stealing $45,450 as part of an investment scheme to defraud a former friend. Nassau County District Attorney Madeline Singas said that between 2013 and 2015, Stone’s victim, a former family friend, gave him the money to invest in “real estate vehicles” that had a guaranteed return of between 10 and 11 p…