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Southern District of New York

$185M Scheme: Trio, Including Manhasset Man, Nabbed For Defrauding 1,400 Investors, Feds Say $185M Scheme: Trio, Including Manhasset Man, Nabbed For Defrauding 1,400 Investors, Feds Say
$185M Scheme: Manhasset Man Among Trio Charged By Feds Three New York men have been charged in connection with a $185 million fraud scheme involving over a thousand investors, federal authorities announced. The three are Long Island resident Mario Gogliormella, age 47, of Manhasset; and New York City residents Steven Lacaj, age 27, of Manhattan, and Karim Ibrahim, age 34, of Queens, also known as “Chris Hayes." “By allegedly raising approximately $185 million from over 1,400 investors, Mario Gogliormella, Steven Lacaj, and Karim Ibrahim left a trail of shattered trust and financial ruin," US Attorney for the Southern Distric…
23-Year-Old Taiwanese Operator Of $100 Million Dark Web Drug Market Seized By Feds At JFK 23-Year-Old Taiwanese Operator Of $100 Million Dark Web Drug Market Seized By Feds At JFK
23-Year-Old Taiwanese Operator Of $100 Million Dark Web Drug Market Seized By Feds At JFK Federal agents at JFK Airport seized a 23-year-old Taiwanese national who the Justice Department said owned and operated a dark web drug bazaar that produced well over $100 million in sales. The “Incognito Market” created by Rui-Siang Lin enabled its users to anonymously buy and sell drugs around the globe for nearly 3½ years, US Attorney General Merrick B. Garland and other federal officials announced on Monday, May 20. Lin -- also known as Ruisiang Lin, 林睿庠, Pharoah, and faro – mastermineded a clandestine e-commerce network where buyers could browse thousands of listings for heroin, LSD, …
$1.7M COVID-19 Fraud Scheme: NY Daughter, Mom Who Worked For Police Sentenced $1.7M COVID-19 Fraud Scheme: NY Daughter, Mom Who Worked For Police Sentenced
$1.7M Covid-19 Fraud Scheme: NY Daughter, Mom Who Worked For Police Sentenced A mother-daughter duo has been sentenced to prison for defrauding the government of approximately $1.7 million.  Westchester County residents Alicia Ayers and her mother, Andrea Ayers, both of Mount Vernon, were found guilty of submitting more than 300 fraudulent applications for US Small Business Administration Economic Injury Disaster Loans.  Andrea Ayers was a former Code Enforcement Officer for the City of Mount Vernon Police Department. In response to the COVID-19 pandemic, Congress expanded the SBA’s Economic Injury Disaster Loan (EIDL) Program to provide low-interest …
Not Laughing: George Santos Sues Jimmy Kimmel For 'Deceiving' Him Into Making Cameo Videos Not Laughing: George Santos Sues Jimmy Kimmel For 'Deceiving' Him Into Making Cameo Videos
Not Laughing: George Santos Sues Jimmy Kimmel For 'Deceiving' Him Into Making Cameo Videos Disgraced former New York Rep. George Santos is taking his beef with late-night host Jimmy Kimmel to federal court. In a lawsuit filed in the Southern District of New York on Friday, Feb. 16, the ex-Republican lawmaker accused Kimmel of copyright infringement and fraud for a series of personalized videos the talk show host commissioned from him on the website Cameo. The 35-year-old Santos began selling video shout outs on the site following his historic ouster from Congress amid federal criminal charges. Earlier Report: US House Expels Nassau Rep. George Santos In Historic Vote K…
$30M Insider Trading Case: NY Duo Profited From Pharmaceutical Merger Info, Feds Say $30M Insider Trading Case: NY Duo Profited From Pharmaceutical Merger Info, Feds Say
$30M Insider Trading Case: NY Duo Profited From Pharmaceutical Merger Info, Feds Say Four men from New York and Massachusetts, including a police chief, are accused of making millions of dollars through an insider trading scheme involving one pharmaceutical company’s acquisition of another. The case, announced by the US Attorney’s Office in the Southern District of New York on Thursday, June 29, is one of four separate insider trading cases that reportedly generated a combined $30 million for those involved. Named in the case are: Shawn Cronin, age 43, of Dighton in Bristol County, Massachusetts and chief of the Dighton Police Department Joseph Dupont, age 44, of Rehoboth…
COVID-19 $14.7M Scheme: Freeport Woman Tried Stealing From Relief Program, Feds Say COVID-19 $14.7M Scheme: Freeport Woman Tried Stealing From Relief Program, Feds Say
Covid-19 $14.7M Scheme: Freeport Woman Tried Stealing From Relief Program, Feds Say Two men from Westchester and a Long Island woman face charges after participating in a more than $14 million scheme to steal from a program created to help small businesses during the COVID-19 pandemic, federal officials said.  New Rochelle resident Glenroy Walker, age 65, Mount Vernon resident Gary Wheeler, age 46, Freeport resident Sherril Baez, age 50, and three others are charged with scheming to steal more than $14 million from the federal Paycheck Protection Program (PPP), the US Attorney's Office for the Southern District of New York announced on Tuesday, June 6.  The …
$52M Scheme: Long Island Resident Among 10 Charged By Feds $52M Scheme: Long Island Resident Among 10 Charged By Feds
$52M Scheme: Long Island Resident Among 10 Charged By Feds Ten people have been charged in connection with a massive scheme to defraud a leading cargo airline based in New York of tens of millions of dollars in revenue and the services of its employees, federal authorities announced. The 10 charged are: Connecticut resident Abilash Kurien, age 45, of Wilton in Fairfield County; Hudson Valley resident Carlton Llewellyn, age 55, of Highland Mills in Orange County; Long Island resident Robert Schirmer, age 58, of Port Jefferson Station; Queens resident Patrick Lau, 43, of Flushing; Lars Winkelbauer, age 47, of Bangkok, Thailand; Skye …
$65M Ponzi Scheme: Former Great Neck Hedge Fund Manager Admits To Lending Fraud $65M Ponzi Scheme: Former Great Neck Hedge Fund Manager Admits To Lending Fraud
$65M Ponzi Scheme: Former Great Neck Hedge Fund Manager Admits To Lending Fraud A former bond trader and hedge fund manager in New York could spend decades in federal prison for defrauding his friends and lending institutions out of over $65 million. Nassau County resident Jeffrey Parket, age 59, of Great Neck, pleaded guilty to wire fraud and bank fraud in federal court in Manhattan on Wednesday, Feb. 15. According to the US Attorney’s Office in the Southern District, Parket swindled his victims out of millions of dollars between 2016 and December 2021 by lying about his financial condition and pledging fake collateral in order to obtain short-term loans. He claime…
Accused Valley Stream Fraudster Agrees To Forfeit $249 Million Accused Valley Stream Fraudster Agrees To Forfeit $249 Million
Accused Valley Stream Fraudster Agrees To Forfeit $249 Million A New York man admitted to committing fraud and has agreed to forfeit to the US government hundreds of millions of dollars he's accused of racking up from tens of thousands of investors until his arrest less than a year ago. Long Island resident Eddy Alexandre, age 50, of Valley Stream, the leader of a purported cryptocurrency and foreign exchange trading platform called EminiFX, solicited more than $248 million after making false representations in connection with the EminiFX trading platform, the Southern District of New York, announced on Friday, Feb. 10. According to the allegations in …
NY Man Plotted To Assassinate Journalist For Criticizing Iranian Government, Feds Say NY Man Plotted To Assassinate Journalist For Criticizing Iranian Government, Feds Say
NY Man Plotted To Assassinate Journalist For Criticizing Iranian Government, Feds Say A New York man is among three people implicated in an alleged plot to assassinate an Iranian-American journalist on US soil over her criticism of the Iranian government, authorities said. Westchester County resident Khalid Mehdiyev, age 24, of Yonkers, is named in a superseding indictment that was unsealed in the Southern District of New York on Friday, Jan. 27, against three people for murder-for-hire and money-laundering charges. Federal prosecutors allege that Mehdiyev is a member of a violent Eastern European criminal organization that has ties to Iran and has engaged in murders, kidna…
'CryptoQueen' Charged In NY On FBI's 10 Most Wanted: May Have Armed Guards, Changed Appearance 'CryptoQueen' Charged In NY On FBI's 10 Most Wanted: May Have Armed Guards, Changed Appearance
'CryptoQueen' Charged In NY On FBI's 10 Most Wanted: May Have Armed Guards, Changed Appearance A woman charged in New York with stealing billions of dollars from investors around the world may have changed her appearance and be traveling with armed guards, according to federal agents.  Bulgaria native Ruja Ignatova, age 42, has been placed on the Federal Bureau of Investigation's Ten Most Wanted Fugitive List for participating in a fake cryptocurrency scheme that defrauded victims of more than $4 billion in total.  The scheme began in 2014 when Ignatova founded OneCoin Ltd., a Bulgaria-based company that marketed a fake cryptocurrency to investors. To solicit funds, she would make f…
Broker Sentenced In LI ‘Boiler Room’ Scheme That Defrauded Elderly Out Of Millions Broker Sentenced In LI ‘Boiler Room’ Scheme That Defrauded Elderly Out Of Millions
Broker Sentenced In LI ‘Boiler Room’ Scheme That Defrauded Elderly Out Of 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. Lawrence Isen, age 69, of California, was sentenced to five years behind bars in federal court in Central Islip Friday, Jan. 6. Earlier Report: Former Broker Sentenced In LI 'Boiler Room' Fraud Scheme That Cost Elderly Victims Millions 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 prosecut…
$31M Trip-Fall Fraud Scheme Results In Convictions For Plainview Attorney, Miller Place Doctor $31M Trip-Fall Fraud Scheme Results In Convictions For Plainview Attorney, Miller Place Doctor
$31M Trip-Fall Fraud Scheme Results In Convictions For Plainview Attorney, Miller Place Doctor An attorney and doctor have been convicted of defrauding New York businesses and their insurance companies of more than $31 million through a massive trip-and-fall fraud scheme. Following a three-week trial, a jury in Manhattan just convicted George Constantine, a lawyer, and Andrew Dowd, an orthopedic surgeon, for their participation in the scheme from 2013 and 2018.  Both men live on Long Island -- the 60-year-old Constantine in Plainview, and the 67-year-old Dowd in Miller Place. The two were both found guilty of conspiracy to commit mail and wire fraud, mail fraud, and w…
'Animal Abuse In Service Of Greed': NY Duo Sentenced In Racehorse Doping Case 'Animal Abuse In Service Of Greed': NY Duo Sentenced In Racehorse Doping Case
'Animal Abuse In Service Of Greed': NY Duo Sentenced In Racehorse Doping Case A veterinarian and racehorse trainer from the Hudson Valley have received their sentences for their role in a racehorse doping scheme.  Orange County Veterinarian Louis Grasso, age 65, of Pine Bush, and trainer Richard Banca, age 47, of Middletown, were sentenced to 50 months in prison, and 30 months in prison, respectively, for producing, distributing, and administering performance-enhancing drugs as part of the doping case, according to an announcement by the US Attorney's Office from Wednesday, Nov. 16. A third man, 35-year-old trainer Rene Allard of Canada, was also sente…
Massapequa Woman Accused Of Embezzling $4M From Company Massapequa Woman Accused Of Embezzling $4M From Company
Massapequa Woman Accused Of Embezzling $4M From Company A woman has been accused of embezzling $4 million from her New York employer and its clients to pay for, among other things, her wedding, travel, and making payments to a cosmetic surgeon. Long Island resident Carmen Miranda, age 50, of Massapequa, was charged with wire fraud, bank fraud, and aggravated identity theft, in connection with her scheme to embezzle over $4 million from her employer and its clients in Manhattan. Miranda, who is also known as “Millie Miranda,” was an account manager at a small business management firm that primarily serviced clients in the entertainment indus…
Financial Adviser Accused Of Embezzling $313K From Resident In Region Financial Adviser Accused Of Embezzling $313K From Resident In Region
Financial Adviser Accused Of Embezzling $313K From Resident In Region The CEO of a financial advisory firm is accused of embezzling more than $313,000 from a 64-year-old Westchester County resident.  Adam Belardino, the CEO of the Maddox Group, was arrested on Wednesday, April 27, and charged with wire fraud, according to Damian Williams, the United States attorney for the Southern District of New York. “Adam Belardino abused the trust his client placed in him by stealing more than $313,000 the client gave him to be invested," Williams said. "Clients like the victim in this case need to be able to entrust their money to financial advisors with confidence…
Syosset Man Charged In Connection With Multi-Billion Dollar Scheme Syosset Man Charged In Connection With Multi-Billion Dollar Scheme
Syosset Man Charged In Connection With Multi-Billion Dollar Scheme Federal officials announced that four have been arrested and charged for their alleged roles in the multi-billion dollar collapse of Archegos Capital Management. US Attorney for the Southern District of New York Damian Williams said that the firm’s former CFO, Long Island resident Patrick Halligan, age 45, of Syosset, and New Jersey resident of Bill Hwang of Tenafly in Bergen County, have been arrested in connection to what Williams said was a racketeering scheme to manipulate the prices of publicly traded securities and to defraud global investment banks. Also charged, according to the De…
Brian Benjamin Resigns As NY Lt. Governor After Arrest For Alleged Bribery, Fraud Scheme Brian Benjamin Resigns As NY Lt. Governor After Arrest For Alleged Bribery, Fraud Scheme
Brian Benjamin Resigns As NY Lt. Governor After Arrest For Alleged Bribery, Fraud Scheme New York Gov. Kathy Hochul's No. 2 has resigned following his arrest for an alleged campaign-funding scheme during a previous run for New York City comptroller. New York Lt. Gov. Brian Benjamin was arrested on Tuesday, April 12 on charges that include bribery, honest services wire fraud, and falsification of records following an investigation into probes from his former campaign. Original story - NY Lt. Gov. Brian Benjamin Arrested For Alleged Scheme To Funnel Fraudulent Donations Benjamin pleaded not guilty on Tuesday at an initial appearance in Manhattan federal court. He was released an…
NY Lt. Gov. Brian Benjamin Arrested For Alleged Scheme To Funnel Fraudulent Donations NY Lt. Gov. Brian Benjamin Arrested For Alleged Scheme To Funnel Fraudulent Donations
NY Lt. Gov. Brian Benjamin Arrested For Alleged Scheme To Funnel Fraudulent Donations New York State's No. 2 political official has been arrested in connection with a campaign-funding scheme during a previous campaign to run for New York City comptroller, federal officials announced. New York Lt. Gov. Brian Benjamin, who has been in the role for less than a year, is facing charges that include bribery, honest services wire fraud, and falsification of records following an investigation into probes from his former campaign. Benjamin - a former state senator from Harlem - joined New York Gov. Kathy Hochul’s administration in September following her ascension into the role follo…
Yonkers Woman, NY Man Face Child Porn Charges Yonkers Woman, NY Man Face Child Porn Charges
Yonkers Woman, NY Man Face Child Porn Charges A Westchester County woman is one of two people facing child pornography charges following an investigation. Dilicia Aguirre-Orellana, age 22, of Yonkers, and 33-year-old Jonathan Rivera, of Brooklyn, were both charged with production and receipt and distribution of child pornography, according to an announcement on Monday, Feb. 28, from Damian Williams, the United States attorney for the Southern District of New York. Aguirre-Orellana was also charged with possession of child pornography, Williams said. Rivera was arrested on or about Saturday, Feb. 26, and Aguirre-Orellana was arres…
LI Doctor Claimed More Than $1M In Fraudulent Tax Deductions, Feds Say LI Doctor Claimed More Than $1M In Fraudulent Tax Deductions, Feds Say
LI Doctor Claimed More Than $1M In Fraudulent Tax Deductions, Feds Say A New York doctor has admitted to tax evasion after federal authorities say he claimed more than $1 million in fraudulent tax deductions. Long Island resident Jordan Sudberg pleaded guilty on Tuesday, Nov. 23 to tax evasion for the calendar years 2015 through 2017, in connection with false deductions from a scheme involving his issuance of hundreds of business checks falsely purporting to be payments for business services, which he provided in exchange for cash to a black market money exchange network. As part of his plea, Sudberg agreed to pay $551,660 in restitution to the Internal Reven…
NY Investment Adviser Sentenced For Embezzling $640K From Clients NY Investment Adviser Sentenced For Embezzling $640K From Clients
NY Investment Adviser Sentenced For Embezzling $640K From Clients A Westchester County investment adviser has been sentenced in connection with a scheme to embezzle more than $640,000 from several of his clients. Gregg Brie, age 54, of White Plains, was sentenced on Monday, Nov. 15, to 63 months in prison after pleading guilty to one count of wire fraud, according to Damian Williams, the United States Attorney for the Southern District of New York. Brie was also ordered to serve three years of supervised release and to pay forfeiture and restitution in the amount of $642,333.33 each. Williams said Brie embezzled the funds from three of his clie…
NY Entrepreneur Admits To Defrauding Investors Of Nearly $1M NY Entrepreneur Admits To Defrauding Investors Of Nearly $1M
NY Entrepreneur Admits To Defrauding Investors Of Nearly $1M An entrepreneur from the area has admitted to defrauding investors of nearly $1 million. Joseph Cimino, the founder of a tequila brand based in the Hudson Valley, pleaded guilty on Monday, Nov. 15 to securities and wire fraud charges. As part of the plea, the 57-year-old Cimino, a resident of Warwick in Orange County, admitted fraudulently soliciting investments for his company. “As he admitted in court today, Joseph Cimino lied about his tequila business’s finances to lure investors and then diverted investor funds in order to line his own pockets," Damian Williams, the US Attor…
FBI Searches Westchester County Home In Ashley Biden Diary Theft Inquiry FBI Searches Westchester County Home In Ashley Biden Diary Theft Inquiry
FBI Searches Westchester County Home In Ashley Biden Diary Theft Inquiry The FBI carried out a court-ordered search at the suburban New York home of the founder of a conservative group in connection to an investigation involving the possible theft of a diary belonging to Ashley Biden, President Joe Biden’s 40-year-old daughter, according to a brand-new report by The New York Times. The search happened on Saturday, Oct. 30 at a Westchester County apartment associated with James O'Keefe of Project Veritas in Mamaroneck, the report said. An investigation into the matter was launched in October 2020, shortly before the Nov. 3 presidential election after a Biden…
Trump Organization Faces New Criminal Inquiry By Westchester District Attorney's Office Trump Organization Faces New Criminal Inquiry By Westchester District Attorney's Office
Trump Organization Faces New Criminal Inquiry By Westchester District Attorney's Office Former President Donald Trump’s family business is facing potential new legal woes in Westchester after the District Attorney’s Office subpoenaed records from his golf club. First reported by the New York Times, Westchester County District Attorney Mimi Rocah’s office has started examining the financial dealings at the Briarcliff Manor golf club, subpoenaing records from the course, Trump National Golf Club Westchester, and the town of Ossining, which sets property taxes on the course. The full scope of the investigation has not been released, though the report states that the Trump Organi…
New US Attorney For Eastern District Takes Command New US Attorney For Eastern District Takes Command
New US Attorney For Eastern District Takes Command A veteran attorney was officially sworn in to serve as the new US Attorney for the Eastern District of New York. President Joe Biden appointed Breon Peace to serve as the new US Attorney in the district, where he will be responsible for all federal criminal and civil cases in a district comprised of more than 8 million people. The Eastern District includes Kings, Nassau, Queens, Richmond, and Suffolk counties and works concurrently with the Southern District of New York. Peace, age 50, replaces Mark Lesko, the former federal prosecutor, and Brookhaven Town Supervisor, who held the positio…
Biden Nominates Longtime Lawyer To Serve As US Attorney for the Southern District of NY Biden Nominates Longtime Lawyer To Serve As US Attorney for the Southern District of NY
Biden Nominates Longtime Lawyer To Serve As US Attorney for the Southern District of NY President Joe Biden has nominated Damian Williams to serve as the US Attorney for the Southern District of New York, one of the most high-profile federal positions. Williams, age 40, has been an Assistant United States Attorney for the United States Attorney’s Office for the Southern District of New York since 2012, serving as its Chief of the Securities and Commodities Fraud Task Force. The Southern District includes Manhattan, the Bronx, Westchester County, and other northern suburbs. If approved, Williams would be the first African American to serve as the leader of the Manhattan prose…
Cuomo Capable Of 'Mischief' During Two-Week Notice Period, Ex-SDNY Attorney Bharara Warns Cuomo Capable Of 'Mischief' During Two-Week Notice Period, Ex-SDNY Attorney Bharara Warns
Cuomo Capable Of 'Mischief' During Two-Week Notice Period, Ex-sdny Attorney Bharara Warns A former top federal prosecutor in New York found it curious that Gov. Andrew Cuomo’s resignation was scheduled to take effect in two weeks, warning of potential “mischief” before Lt. Gov. Kathy Hochul officially takes over. Preet Bharara, the US attorney for the Southern District of New York from 2009 to 2017, expressed surprise regarding Cuomo’s intention to wait two weeks to resign, stating that he hopes “nothing nefarious” is in the works. Bharara said that there is no reason that Hochul couldn’t immediately take over following the New York Attorney General’s report that found Cuomo all…
Legal Expert Says Indictment Would Be 'Devastating' For Trump Organization Legal Expert Says Indictment Would Be 'Devastating' For Trump Organization
Legal Expert Says Indictment Would Be 'Devastating' For Trump Organization With the Trump Organization expected to face a criminal indictment this week, one of the nation’s top legal experts said that it could be "devastating" for the former president, and could potentially lead to bankruptcy for the company. Attorneys for the Trump Organization were advised that criminal charges will be filed in Manhattan as soon as Thursday, July 1, including top target, Chief Financial Officer Allen Weisselberg, and other lead members of the organization. The former president himself is not expected to be charged with anything criminal. Related story - Trump Foundation Will C…
NY Man Convicted For Running Multimillion-Dollar Ponzi Scheme NY Man Convicted For Running Multimillion-Dollar Ponzi Scheme
NY Man Convicted For Running Multimillion-Dollar Ponzi Scheme A Hudson Valley man has been convicted for operating a multimillion-dollar investment club that was actually a Ponzi scheme. Rockland County resident Ruless Pierre, age 51, of Nanuet, was convicted in Manhattan federal court of securities fraud, wire fraud, and structuring charges on Thursday, May 27. According to the allegations contained in the complaint, indictment, and the evidence presented at trial: From at least November 2016 through October 2019, Pierre solicited money from investors of Ruless Pierre Consulting Group by falsely promising them that he would earn a 20 percent return…
Here's When Newly Named Investigators Are Expected To Complete Cuomo Sexual Harassment Probe Here's When Newly Named Investigators Are Expected To Complete Cuomo Sexual Harassment Probe
Here's When Newly Named Investigators Are Expected To Complete Cuomo Sexual Harassment Probe It could be sooner than later that New Yorkers get answers regarding multiple sexual abuse and harassment claims against Gov. Andrew Cuomo as the outside attorneys begin their investigation into the allegations. In fact, an expert says it could come sometime by late May. On Monday, March 8, New York Attorney General Letitia James announced that Joon Kim, a former acting U.S. Attorney in the Southern District of New York, and employment discrimination attorney Anne L. Clark will be the two tasked with leading the investigation. Earlier story - New York AG Names Lead Attorneys In Cuomo Sex…