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Michael Salerno

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Mount Laurel Man Who Scammed $500K+ Sentenced In Foreign Currency, Car Loan Schemes: Feds Mount Laurel Man Who Scammed $500K+ Sentenced In Foreign Currency, Car Loan Schemes: Feds
Mount Laurel Man Who Scammed $500K+ Sentenced In Foreign Currency, Car Loan Schemes: Feds A Mount Laurel man will spend several years in prison after scamming hundreds of investors and car owners out of more than $500,000, authorities said. Michael Salerno, 55, was sentenced on Monday, Aug. 26 to three years and one month in prison, U.S. Attorney for the Eastern District of Pennsylvania Jacqueline Romero said in a news release. He had pleaded guilty to three counts of wire fraud after he was indicted for schemes in September 2020 and February 2023. Salerno operated Black Diamond Forex, L.P., BDF Trading, L.P., Advanta Capital Markets, Inc., and Advanta FX between …

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by Chris Spiker
Police & Fire
Alleged Teen Killer From Botched Philly Carjacking Arrested By Marshals Alleged Teen Killer From Botched Philly Carjacking Arrested By Marshals
Alleged Teen Killer From Botched Philly Carjacking Arrested By Marshals A 15-year-old boy accused of killing a man who tried to intervene in a South Philadelphia carjacking was captured by US Marshals in Camden, New Jersey on Monday, Aug. 7.  Rasheed Banks Jr. was arrested by the Marshals Service's New York/New Jersey Regional Fugitive Task Force, authorities said.  The teen was sought by Philadelphia police for the July 12 shooting death of 50-year-old Michael Salerno, Daily Voice reported.  Investigators believe Salerno was trying to stop Banks Jr. and two other suspects from stealing a woman's car on the 1100 block of Porter Street.  Surveillance footage …

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by Mac Bullock