Ex-Chief Sentenced For Stealing $312K From Fire Department In Westchester Ex-Chief Sentenced For Stealing $312K From Fire Department In Westchester
Ex-Chief Sentenced For Stealing $312K From Fire Department In Westchester A former fire chief and police officer will spend time behind bars after admitting to stealing more than $300,000 from a Northern Westchester fire department while he was a treasurer. Gerald Munson, who most recently served as the Croton-on-Hudson FD treasurer, pleaded guilty to grand larceny as a crime of public corruption after admitting to stealing $312,925 from the department earlier this year. On Wednesday, Munson was sentenced to a term of between a year-and-a-half and four-and-a-half years in state prison. Munson must also pay restitution to the fire department. Munson was in Westche…
Westchester Hedge Fund Manager Sentenced For $22M Ponzi Scheme Westchester Hedge Fund Manager Sentenced For $22M Ponzi Scheme
Westchester Hedge Fund Manager Sentenced For $22M Ponzi Scheme A former hedge fund manager from Northern Westchester will spend nearly a decade behind bars after defrauding 45 investors out of more than $22 million through an elaborate Ponzi scheme that allowed him to live a lavish lifestyle. Michael Scronic of Pound Ridge, the former manager of the Scronic Macro Fund has been sentenced to 96 months in prison, Geoffrey Berman, the United States Attorney for the Southern District of New York, announced on Thursday. Scronic was also sentenced to three years of supervised release and must pay $22,026,427 in restitution to his victims. Scronic, 46, admitte…
Ex-Comptroller Sentenced In White Plains For Embezzling $2.5 Million Ex-Comptroller Sentenced In White Plains For Embezzling $2.5 Million
Ex-Comptroller Sentenced In White Plains For Embezzling $2.5 Million The former comptroller of a pair of prominent Hudson Valley companies is going to spend some time behind bars after stealing millions of dollars from his employer to fund gambling and a lush lifestyle. Mark Cina, the former comptroller of two Poughkeepsie companies, was sentenced to 41 months in prison for mail fraud and tax evasion in White Plains Federal Court. He pleaded guilty to the charges in April. Cina, 56, must also pay $3,385,665 in restitution and forfeit a total of $2,254,820. In 2008, Cina was hired by an entrepreneur to act as a part-time bookkeeper for his company. Two years …
Hudson Valley Accountant Sentenced, Ordered To Pay $600K Hudson Valley Accountant Sentenced, Ordered To Pay $600K
Hudson Valley Accountant Sentenced, Ordered To Pay $600K A Rockland County accountant admitted in White Plains federal court to his role in a multi-million dollar deception scheme is heading to prison and must pay $600,000 in restitution to his victims. Mitchell Klein, 62, has been sentenced to three years in federal prison and must pay the restitution for not reporting a theft from his real estate company, which was connected to the scheme involving his investors, family and friends. In total, more than 100 clients lost investments with Klein and his former business partners, who in total lost more than $60 million in real estate projects and ve…
Ex-School Secretary Sentenced For Stealing Funds From Westchester District Ex-School Secretary Sentenced For Stealing Funds From Westchester District
Ex-School Secretary Sentenced For Stealing Funds From Westchester District A longtime Tarrytown Union Free School District secretary and Putnam County resident has been sentenced to probation and must pay restitution after stealing more than $10,000 from her employer. Lake Peekskill resident Carol Ressa, 54, has been sentenced to five years probation in Westchester County Court, and ordered to finish paying restitution of the balance due to the school district, $2,929.56, during her first 12 months of probation. Ressa pleaded guilty in February to third-degree grand larceny as a public corruption crime, a felony. She was also ordered to pay a total of $10,000 in r…
Hudson Valley Contractor Admits To Defrauding Customers Of $175,000 Hudson Valley Contractor Admits To Defrauding Customers Of $175,000
Hudson Valley Contractor Admits To Defrauding Customers Of $175,000 An area contractor is facing potential prison time and his corporation has agreed to pay back $175,000 for defrauding property owners who hired him to construct homes on their property. Goshen resident Charles Neustadt, 63, and JC Builders, Inc. pleaded guilty to felonies this week in Orange County Court. Neustadt pleaded guilty to third-degree grand larceny and theft of services. His business pleaded guilty to felony charges of grand larceny and scheme to defraud. As part of the plea agreement, Neustadt has agreed to pay back $175,000 and it has been recommended by the Orange County Distri…