Tag:

Wire Fraud

$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…
Postal Carrier From Hempstead Took Credit Cards, Checks From Mail, Stole Identities: Feds Postal Carrier From Hempstead Took Credit Cards, Checks From Mail, Stole Identities: Feds
Postal Carrier From Hempstead Took Credit Cards, Checks From Mail, Stole Identities: Feds A Westchester County postal carrier from Long Island faces federal charges after taking credit cards, checks, and identities from the mail to steal money from those along her route, officials announced.  Nassau County resident Tameka Babulal of Hempstead, age 36, was arrested in connection with the alleged identity theft scheme on Wednesday, May 22, the US Attorney's Office for the Southern District of New York announced. Babulal, a mail carrier who worked in the Westchester County city of Mount Vernon, was arrested along with her husband, Hempstead resident 36-year-old Joel Babul…
$3.2 Million COVID-19 Loan Scheme: Freeport Woman Indicted On Fraud Charges $3.2 Million COVID-19 Loan Scheme: Freeport Woman Indicted On Fraud Charges
Freeport Woman Runs $3.2M COVID Relief Loan Scheme A Long Island woman faces up to 20 years behind bars after she was charged with multiple counts of fraud for submitting fake COVID relief loan applications. Donna Ingram, age 50, faced her indictment on Thursday, May 23, the United States Attorney’s Office (USAO) Eastern District of New York announced. The Freeport woman is alleged to have submitted dozens of fake applications for COVID-19 relief loans between May 2020 and May 2021.  Ingram submitted at least 27 Paycheck Protection Program, or PPP, loans for her own companies and at least 22 other businesses, the USAO claimed. …
LI Financial Advisor Stole Over $1M From Clients To Buy Car, High-End Clothing, Jury Finfds LI Financial Advisor Stole Over $1M From Clients To Buy Car, High-End Clothing, Jury Finfds
LI Financial Advisor Stole Over $1M From Clients To Buy Car, High-End Clothing, Jury Finfds A former investment adviser and founder of a New York financial advisory firm could spend decades in federal prison for conning his clients out of more than $1 million. Long Island resident Jeffrey Slothower, age 46, of Southampton, was found guilty of wire fraud and related charges by a jury in Central Islip federal court on Thursday, May 16. According to prosecutors, in 2017 Slothower targeted a California couple whose money he had managed at another financial services firm, promising them he could beat any rate of return they were receiving at his own firm, Battery Private. He offered t…
COVID-19: Long Island Man Steals $8M From Company Seeking Surgical Masks, Feds Say COVID-19: Long Island Man Steals $8M From Company Seeking Surgical Masks, Feds Say
Covid-19: Long Island Man Steals $8M From Company Seeking Surgical Masks, Feds Say Two New York residents are accused of conning a medical supply company out of millions of dollars in the early days of the COVID-19 pandemic. Long Island resident Jonathan Cannon, age 58, of Miller Place, and Erie County resident Julie Dotton, age 51, of Orchard Park, are both charged with wire fraud in a complaint unsealed in Central Islip federal court on Thursday, May 2. According to prosecutors, a Canadian company serving as an official provider of personal protective equipment paid Cannon and Dotton $8.2 million for surgical masks needed due to the pandemic. In exchange, Dotton agreed…
NY Veteran Lies About Earning Purple Heart To Defraud Gov't, Charity Donors: Feds NY Veteran Lies About Earning Purple Heart To Defraud Gov't, Charity Donors: Feds
NY Veteran Lies About Earning Purple Heart To Defraud Gov't, Charity Donors: Feds An Army veteran from New York is accused of lying about earning one of the nation's highest military honors in order to rake in six figures from the government and donors to her charity. Orange County resident Sharon Toney-Finch, of Newburgh, was arrested by the FBI’s White Collar Crime Task Force on Wednesday, May 1, following a two-year investigation. According to federal prosecutors, Toney-Finch falsely claimed that she suffered combat-related injuries during a mortar attack and a separate vehicle rollover while serving in Iraq in 2010. Those claims reportedly led to her receiving hundr…
$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 …
$750K Scheme: Bellmore Probation Officer Admits Stealing Employee's Welfare Funds $750K Scheme: Bellmore Probation Officer Admits Stealing Employee's Welfare Funds
Bellmore Man Steals $750K From Officer's Union A Long Island man who served as the president of a probation officer’s union pleaded guilty to embezzling nearly a quarter of a million dollars from the union and its welfare funds. Dominic Coluccio, age 74 of Bellmore, entered his guilty plea for wire fraud on Thursday, April 11, the United States Attorney’s Office Southern District of New York announced. Coluccio served as the President of the United Probation Officers Association (UPOA) from 1989 until about 2016. The UPOA is a labor organization representing current and retired officers and supervisors in the New York City Department …
COVID-19: Ex-Court Officer From Valley Stream Sentenced For $770K Loan Fraud Scheme COVID-19: Ex-Court Officer From Valley Stream Sentenced For $770K Loan Fraud Scheme
Covid-19: Ex-Court Officer From Valley Stream Sentenced For $770K Loan Fraud Scheme Two former government employees from Long Island will spend more than a year in federal lockup for defrauding loan programs meant to help businesses impacted by the COVID-19 pandemic. Arthur Cornwall, age 43, of Babylon, and Sean Williams, age 42, of Valley Stream, were each sentenced to 18 months in prison in Central Islip federal court on Wednesday, March 20, after pleading guilty to wire fraud. Prosecutors said Cornwall, a former signal maintainer with the New York City Transit Authority, and Williams, a former New York State Court officer, received nearly $770,000 in small business loan…
George Santos Announces Comeback Bid For LI Congressional Seat: 'Off To The Races' George Santos Announces Comeback Bid For LI Congressional Seat: 'Off To The Races'
George Santos Announces Comeback Bid For LI Congressional Seat: 'Off To The Races' Disgraced former New York Rep. George Santos is mounting a comeback campaign. The Republican ex-lawmaker from Long Island – who was ousted from his 3rd District seat representing parts of Nassau County and Queens – announced a primary challenge against Rep. Nick LaLota for his 1st District seat. In a statement on X shared during President Biden’s State of the Union address Thursday night, March 7, Santos said New York hasn’t had “a real conservative represent them” since he left office “thanks to RINO, empty suits like Nick LaLota.” Earlier Report: Exiled Congressman Turned Reality …
Exiled Congressman Turned Reality TV Star? 2 George Santos Productions In Works, He Claims Exiled Congressman Turned Reality TV Star? 2 George Santos Productions In Works, He Claims
Exiled Congressman Turned Reality TV Star? 2 George Santos Productions In Works, He Claims If disgraced former New York congressman and admitted liar George Santos is to be believed, you haven’t seen the last of him. The Republican ex-lawmaker told City & State New York he’s been busy working on both a documentary and a reality TV show since being ousted from his 3rd District House seat representing parts of Nassau County and Queens. “So there’s just so many things that I’m working on now that I prefer to engage in instead of going into a messy primary to take on (newly sworn-in Democratic Rep.) Tom Suozzi,” Santos told the outlet. Earlier Report: Not Laughi…
George Santos In Talks For Plea Deal In 23-Count Federal Case, Court Filing Shows George Santos In Talks For Plea Deal In 23-Count Federal Case, Court Filing Shows
George Santos In Talks For Plea Deal, Court Filing Shows Disgraced former New York Rep. George Santos may avoid leaving his fate up to a trial in his federal fraud case. The Republican ex-congressman is currently in talks with federal prosecutors for a possible plea deal in his 23-count criminal case, according to a filing in Central Islip federal court on Monday, Dec. 11. In the joint filing, US Attorney Breon Peace and Santos asked the court to schedule the next status conference in approximately 30 days, saying “the parties are presently engaged in plea negotiations with the goal of resolving this matter without the need for a trial.” Earli…
Santos Saga: Ethics Committee Won’t Recommend Punishment For Embattled LI Rep, Report Says Santos Saga: Ethics Committee Won’t Recommend Punishment For Embattled LI Rep, Report Says
Santos Saga: Ethics Committee Won’t Recommend Punishment For Embattled LI Rep, Report Says After months of investigating embattled New York Rep. George Santos, the House Ethics Committee won’t recommend any punishment for the freshman lawmaker, ABC News reports. Instead, the ten-member committee, made up of five Republicans and five Democrats, will leave any disciplinary actions up to the House as a whole, Chair Michael Guest told the outlet. Santos, a Long Island Republican whose 3rd District includes parts of Nassau County and Queens, found himself in the committee’s sights in March 2023 after admitting that he lied about much of his background on the campaign trail. Earlier…
George Santos Campaign Staffer Admits Defrauding Donors By Impersonating Speaker's Aide George Santos Campaign Staffer Admits Defrauding Donors By Impersonating Speaker's Aide
George Santos Campaign Staffer Admits Defrauding Donors By Impersonating Speaker's Aide A campaign staffer who worked to elect New York Rep. George Santos has confessed to impersonating a high-level Congressional aide in order to raise money for him and line his own pockets. Samuel Miele, age 27, pleaded guilty to wire fraud in Central Islip federal court on Tuesday, Nov. 14. Miele was a fundraiser for Santos’ congressional campaigns in both 2020 and 2022, according to the US Attorney’s Office in the Eastern District. Earlier Report: George Santos Pleads Not Guilty To 10 New Federal Charges; Here's When He'll Stand Trial Santos ran as a Republican and was elected to …
Nassau Rep. George Santos Dodges Expulsion From House: 'Victory For Due Process' Nassau Rep. George Santos Dodges Expulsion From House: 'Victory For Due Process'
Nassau Rep. George Santos Dodges Expulsion From House: 'Victory For Due Process' New York Rep. George Santos, who admitted to lying about his background and is facing nearly two dozen federal criminal charges, is claiming victory after an effort to expel him from Congress failed. The freshman Republican lawmaker from Long Island, whose 3rd District represents parts of Nassau County and Queens, easily survived a resolution brought by his fellow New York Republicans to oust Santos from the House on Wednesday, Nov. 1. The resolution failed with 179 members voting in favor and 213 voting against. Nineteen members voted “present.” Earlier Report: George Santos Pleads Not…
'High Risk, High Reward': Santos Staffer Impersonated Speaker's Aide To Fundraise, Feds Say 'High Risk, High Reward': Santos Staffer Impersonated Speaker's Aide To Fundraise, Feds Say
'High Risk, High Reward': Santos Staffer Impersonated Speaker's Aide To Fundraise, Feds Say A campaign staffer who worked to elect New York Rep. George Santos impersonated a high-level Congressional aide in order to raise money for the then-aspiring lawmaker, a scheme that Santos was well aware of, federal prosecutors allege. Samuel Miele, age 27, is charged with wire fraud and identity theft as part of a five-count indictment that was unsealed in federal court in Brooklyn on Wednesday, Aug. 16. Miele was a fundraiser for Santos’ congressional campaigns in both 2020 and 2022, according to the US Attorney’s Office in the Eastern District. Earlier Report: Trio Of Schemes T…
$12M Fraud: Long Island Man Cons Developers To Buy Luxury Cars, Yachts, Feds Say $12M Fraud: Long Island Man Cons Developers To Buy Luxury Cars, Yachts, Feds Say
$12M Fraud: Long Island Man Cons Developers To Buy Luxury Cars, Yachts, Feds Say A New York man is among two people facing federal charges for allegedly conning commercial developers out of millions of dollars to fund a lavish lifestyle. Long Island resident Joseph Malvasio, age 65, of Bridgehampton and Fort Lauderdale, Florida, is named in an indictment unsealed by the US Attorney’s Office in the Southern District on Thursday, Aug. 10. According to prosecutors, Malvasio conspired with 57-year-old Gregg Marcus, of Bay Harbor Islands, Florida, to run an advance-fee scheme through their business, Global Capital Partners Fund LLC. The duo falsely claimed that the company …
Twins Trick Clients Out Of $5 Million In Great Neck Investment Advising Fraud, Feds Say Twins Trick Clients Out Of $5 Million In Great Neck Investment Advising Fraud, Feds Say
Twins Trick Clients Out Of $5 Million In Great Neck Investment Advising Fraud, Feds Say A pair of twin brothers and investment advisors are facing 20 years in prison after allegedly defrauding clients out of millions. The brothers, Adam and Daniel Kaplan, both age 34 and hailing from Great Neck, were indicted on charges of wire fraud, money laundering, and more, the US District Attorney’s Eastern District of New York announced on Tuesday, July 25. Adam and Daniel, between May 2018 and November 2022, took on hundreds of clients as investment advisors from New York all the way to Arizona, according to the indictment and public records. During that time, the brothers used thei…
$9.5 Million Fraud: Glen Cove Man Admits Using Fake Companies In Scheme $9.5 Million Fraud: Glen Cove Man Admits Using Fake Companies In Scheme
$9.5 Million Fraud: Glen Cove Man Admits Using Fake Companies In Scheme A Long Island man who is accused of using fake businesses to defraud over $9 million from federal disaster relief funds has pleaded guilty, authorities announced. On Friday, July 14, the Eastern District of New York (EDNY) of the US Attorney’s Office announced Rami Saab’s guilty plea to charges of conspiracy to commit wire fraud. Saab, a 44-year-old from Glen Cove, was accused of stealing $9.5 million from banks and the Small Business Association (SBA) over the course of one year by creating fake companies so that he could claim COVID-19 relief loans. According to the charges, between M…
$10M Fraud Scheme: LI Father-Son Duo Spent Investor Money On Lavish Lifestyle, Feds Say $10M Fraud Scheme: LI Father-Son Duo Spent Investor Money On Lavish Lifestyle, Feds Say
$10M Fraud Scheme: LI Father-Son Duo Spent Investor Money On Lavish Lifestyle, Feds Say A New York father and son are accused of conning investors out of millions of dollars that allegedly went toward funding their lavish lifestyle. Long Island residents Eugene Austin, age 60, of Port Jefferson, and his son Brandon Austin, age 27, of Coram, are named in an indictment that was unsealed in Manhattan federal court on Wednesday, July 12. According to prosecutors, the men fraudulently offered to serve as a broker for sales of large quantities of cryptocurrency at below-market exchange rates and provide short-term investments in cryptocurrency for purportedly high returns. They als…
Mystery No More: Backers Of George Santos' $500K Bond In Federal Criminal Case Revealed Mystery No More: Backers Of George Santos' $500K Bond In Federal Criminal Case Revealed
Mystery No More: Backers Of George Santos' $500K Bond In Federal Criminal Case Revealed After more than a month, the question of who backed the half-million-dollar bond to free embattled New York Congressman George Santos from custody while his federal criminal case plays out has finally been answered. Documents unsealed in US District Court in the Eastern District of New York on Thursday, June 22, show that Santos’ father, Gercino dos Santos, and his aunt, Elma Preven, are the co-signers on his $500,000 bond. Santos' lawyer had argued that publicizing his relatives' identities could subject them to harassment from news organizations, but the judge rejected the plea. The 34-…
$100M Fraud: 'Lottery Lawyer' Of Long Island Gets 13 Years For Scheme Targeting Jackpot Winners $100M Fraud: 'Lottery Lawyer' Of Long Island Gets 13 Years For Scheme Targeting Jackpot Winners
$100M Fraud: 'Lottery Lawyer' Of Long Island Gets 13 Years For Scheme Targeting Jackpot Winners A New York lawyer will spend more than a decade behind bars for helping to defraud lottery jackpot winners out of more than $100 million. Long Island resident Jason Kurland, age 49, of Dix Hills, was sentenced to 13 years in federal prison in US District Court in Brooklyn on Thursday, June 15. It followed his July 2022 conviction for wire fraud, honest services wire fraud, money laundering, and conspiracy to commit wire fraud and money laundering. According to prosecutors, Kurland was a partner at a Long Island law firm between 2018 and 2020, and built a reputation for representing lottery…
COVID-19: Bayville Adventure Park Owner Admits To Stealing $3.2M In Federal Aid COVID-19: Bayville Adventure Park Owner Admits To Stealing $3.2M In Federal Aid
Covid-19: Bayville Adventure Park Owner Admits To Stealing $3.2M In Federal Aid A man who owns a theme park and restaurant in New York has admitted to stealing over $3 million through federal COVID-19 aid with some of those funds used to buy a home on Nantucket. Long Island resident Donald Finley, age 61, of Roslyn, the owner of Jekyll & Hyde Restaurant in Manhattan and the Bayville Adventure Park in Nassau County, pleaded guilty to disaster relief fraud and wire fraud on Thursday, May 25. As stated in court filings by the US Attorney for the Eastern District of New York Breon Peace: Between March 2020 and March 2021, amid the COVID pandemic, Finley fra…
Multi-Million Dollar Ponzi Scheme: Oceanside Man Sentenced, Must Pay $3.3M In Restitution Multi-Million Dollar Ponzi Scheme: Oceanside Man Sentenced, Must Pay $3.3M In Restitution
Multi-Million Dollar Ponzi Scheme: Oceanside Man Sentenced, Must Pay $3.3M In Restitution A Long Island man has been sentenced to over three years in prison for running a yearslong Ponzi scheme and using the proceeds to pay off his gambling debts, officials announced. John Quadrino, age 57, of Oceanside, was sentenced to 41 months behind bars and ordered to pay $3.3 million in restitution for running a million-dollar Ponzi scheme on Thursday, May 25, according to the Eastern District of New York Attorney’s Office. Quadrino asserted to potential investors that his companies – Princess Cut Industries, Inc., Sassy Jewelry Buyers, Inc., and Golden Glitter Trading, Inc. – sold diam…
Supreme Court Reverses Conviction Of Ex-Cuomo Aide From New York Supreme Court Reverses Conviction Of Ex-Cuomo Aide From New York
Supreme Court Reverses Conviction Of Ex-Cuomo Aide From New York The country's top court has reversed the wire-fraud conviction of a Northern Westchester County resident and former top aide to ousted New York Gov. Andrew Cuomo, who has already served years of prison time for the offense. In a decision on Thursday, May 11, the US Supreme Court unanimously ruled to reverse the fraud conviction of Joseph Percoco, of the hamlet of South Salem in the town of Lewisboro, who was sent to federal prison on corruption charges in 2018.  Percoco, age 54, had been accused of accepting over $300,000 in bribes from an energy company in 2014 while he had been …
Trio Of Schemes That Led To Santos Arrest Detailed By Feds; Rep Not Resigning Over 'Witch Hunt' Trio Of Schemes That Led To Santos Arrest Detailed By Feds; Rep Not Resigning Over 'Witch Hunt'
Trio Of Schemes That Led To Santos Arrest Detailed By Feds; Rep Not Resigning Over 'Witch Hunt' Beleaguered New York Rep. George Santos is remaining defiant in the face of numerous federal criminal charges, refusing to resign from Congress and vowing to fight what he decried as a “witch hunt.” The 34-year-old Republican, whose 3rd District represents parts of Nassau County and Queens, pleaded not guilty to all 13 federal charges against him during his arraignment in Central Islip on Wednesday afternoon, May 10. He is charged with: Seven counts of wire fraud Three counts of money laundering Theft of public funds Two counts of making false statements on federal disclosure forms Follo…
Embattled Nassau Congressman George Santos Now Under Arrest, Facing 13 Federal Charges Embattled Nassau Congressman George Santos Now Under Arrest, Facing 13 Federal Charges
Embattled Nassau Congressman George Santos Now Under Arrest, Facing 13 Federal Charges Click here for a new, updated story: Trio Of Schemes That Led To Santos Arrest Detailed By Feds; Rep Not Resigning Over 'Witch Hunt' US Congressman George Santos was arrested early Wednesday, May 10 on a 13-count indictment. The arrest took place early Wednesday in Central Islip. According to the US Attorney for the Eastern District of New York's Office, Santos, a 34-year-old right-wing Republican, was charged with: Seven counts of wire fraud,  Three counts of money laundering,  Theft of public funds,  Two counts of making false statements on federal disclosure forms.…
$5 Million Fraud Scheme: Man Who Scammed Long Islander Indicted $5 Million Fraud Scheme: Man Who Scammed Long Islander Indicted
$5 Million Fraud Scheme: Man Who Scammed Long Islander Indicted The scammer, along with co-conspirators, conned a Long Island man out of approximately $5.3 million, which they spent nearly all of. On Tuesday, April 25 at the Central Islip federal court, the United States Attorney for the Eastern District of New York, along with a New York FBI director, announced the charges against Odera Odabi. Odabi is charged with conspiring to commit mail fraud, wire fraud, and money laundering, according to the announcement. The 54-year-old Georgia man is alleged to have falsely informed a Suffolk County resident (known in the case as John Doe) that he needed to p…
$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…
'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…
Former LI County Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K Former LI County Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K
Former LI County Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K A former county legislator in New York and an accomplice from Connecticut have been convicted by a jury of scamming a business out of more than a quarter of a million dollars. George Guldi, who served as a Long Island legislator representing the South Fork of Suffolk County, and Litchfield County resident Victoria Davidson, of Lakeville, Connecticut, defrauded Ditech Financial LLC, a mortgage lender, Damian Williams, the United States Attorney for the Southern District of New York, announced. “George Guldi, while in prison, concocted and conducted a scheme along with his co-consp…