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Wednesday, dec 25
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News
$520,000 Stock Fraud Scheme Leads To Indictment For Barred NY Investment Broker: DA
A barred investment broker has been indicted on charges he stole $520,000 from six investors who believed they were investing in stocks for several high-profile companies. Long Island resident Peter Quartararo, age 57, of Glen Cove, was arraigned Thursday, March 9 on charges of grand larceny, said Nassau County District Attorney Anne Donnelly. “This defendant allegedly tricked investors into believing they were getting in on the ground floor of high-profile companies that were going public," Donnelly said. During the "scheme" which began in July 2018 and continued through January 2021, Qua…
Politics
Cuomo Cites Tech, Economic Deals After Trip To Israel
Following last week's "solidarity trip" to Israel, Gov. Andrew Cuomo announced a series of economic development partnerships between New York state and Israel. The Cuomo Administration and several major New York health care institutions signed a series of agreements with Israeli entities in the unmanned aerial vehicles (UAV)/drones, transportation, energy, cybersecurity, financial technology and health care industries. "Our economy is stronger than it's ever been and our message during this trip was simple: New York is open for business," Cuomo said in a press statement. "On our solidarity …