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Rocky Point, NY

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NY Man Accused Of Scamming Investors Of Over $700K NY Man Accused Of Scamming Investors Of Over $700K
NY Man Accused Of Scamming Investors Of Over $700K A New York man has been accused of scamming investors of more than $700,000 over the past year and a half, authorities announced. Long Island resident Matthew Gallagher, age 37, of Rocky Point, used investment schemes in fraudulent startup business ventures and insurance-related frauds to scam 16 victims between November 2019 and April 2021, according to an investigation by Suffolk County Police. Gallagher was arrested just before 10 p.m. Wednesday, April 28 at the Seventh Precinct in Shirley, according to police. He was charged with: Two counts of first-degree schemi…

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by Joe Lombardi
Business
Nearly Two Dozen Modell's Stores Slated For Closure Nearly Two Dozen Modell's Stores Slated For Closure
Nearly Two Dozen Modell's Stores Slated For Closure With online shopping leading to the demise of many traditional brick-and-mortar retailers, Modell’s Sporting Goods announced it will be closing nearly two dozen East Coast stores in an attempt to save the entire company. Eight Modell’s locations will be closing in New York - including one on Long Island - though the Hudson Valley avoided the chopping block.  The move comes so the retailer can avoid filing for bankruptcy as soon as Sunday, March 1, according to reports. Modell’s didn’t announce which Long Island location would be closing, and no closing dates or start of closing sales …

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by Zak Failla