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Saturday, may 18
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Goldstar Financial Management Corp.
Neighbors
East Northport Financial Advisor Admits To $3M Bank Loan Scheme
A Long Island financial advisor could spend decades in federal prison after admitting to his role in a $3 million bank loan scheme. Gary Confredo, age 60, of East Northport, pleaded guilty to conspiring to commit bank fraud in federal court in Central Islip Friday, Nov. 4. Prosecutors said Confredo, also known as Gary Conte, conspired with others to submit fraudulent applications for commercial loans and lines of credit to Bank of America on behalf of his clients at the Commack-based Goldstar Financial Management Corp. Between November 2016 and October 2019, he submitted altered tax retu…