Fair 52°
Tag:

Greensboro, NC

News
Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ
Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ A former pro-Trump PAC exec who blamed "that b**** Hillary Clinton" for his troubles with the law swindled more than two dozen investors out of $7 million, an indictment returned Tuesday by a federal grand jury in Newark alleges. U.S. Homeland Security agents a year ago this month smashed the alleged Ponzi scheme that they said New Jersey-based businessman David Schamens, 65, used to fund a lavish lifestyle. Now comes a March 28 indictment that charges him with wire fraud, securities fraud and money laundering. Schamens, of Greensboro, North Carolina, used some of the investment money fro…

SHARE

by Jerry DeMarco
News
Feds: Ponzi Schemer Funded House, Car, More With $6.8M From Investors In NJ, Elsewhere Feds: Ponzi Schemer Funded House, Car, More With $6.8M From Investors In NJ, Elsewhere
Feds: Ponzi Schemer Funded House, Car, More With $6.8M From Investors In NJ, Elsewhere New Jersey residents were among more than two dozen victims who lost a combined $6.8 million to a North Carolina con man running a Ponzi scheme, federal authorities charged. David Schamens, 64, of Greensboro, NC, promised annual return rates of 12% to 30% when he began soliciting investments in 2014 in Secaucus-based TradeStream Analytics LTD, as well as in other entities with names such as TD Trading LLC, TFG Trading LLC, and Tradedesk Financial Group Inc., U.S. Attorney Philip R. Sellinger said. He then launched Tradestream Algo Fund, an algorithm-based trading pool that he clai…

SHARE

by Jerry DeMarco
News
‘Going Somewhere I’ve Never Been’: Talk-Radio 'Godfather' Barry Farber Dies At 90 ‘Going Somewhere I’ve Never Been’: Talk-Radio 'Godfather' Barry Farber Dies At 90
‘Going Somewhere I’ve Never Been’: Talk-Radio 'Godfather' Barry Farber Dies At 90 Death is “going somewhere I've never been before, like Finland or Estonia,” New York-area talk radio giant Barry Farber told his daughter. Celia Ingrid Farber recalled her father’s words in a tweet about his death at home in New York City Wednesday night, a day after his 90th birthday. Before Hannity and Beck, before O’Reilly -- and even Limbaugh -- there was Barry Farber. A member of the National Radio Hall of Fame, Farber was a pioneer of talk radio, a conservative in a time when opposing views were debated respectfully and intelligently, a familiar voice to a mass audience of all politi…

SHARE

by Jerry DeMarco
Police & Fire
Husband-Wife Owners Of Bayonne Telemedicine Company Indicted In $56M Medicare Fraud Husband-Wife Owners Of Bayonne Telemedicine Company Indicted In $56M Medicare Fraud
Husband-Wife Owners Of Bayonne Telemedicine Company Indicted In $56M Medicare Fraud A husband and wife who own two telemedicine companies with a location in Bayonne were indicted by a federal grand jury Wednesday for defrauding Medicare in a $56 million bribe and kickback scheme involving orthotic braces, authorities said. Reinaldo Wilson, 51, and Jean Wilson, 49, of Richmond Hill, Ga., are accused of using their companies to solicit kickbacks and bribes from patient recruiters, pharmacies and brace supplies – then hiring providers to order medically unnecessary braces for Medicare recipients, the U.S. Department of Justice said. Both were arrested Wednesday morning and la…

SHARE

by Jerry DeMarco