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Madison Avenue, NY

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Controller From NJ Who Embezzled $2.37M From Madison Avenue Firm Gets 27 Months In Fed Pen Controller From NJ Who Embezzled $2.37M From Madison Avenue Firm Gets 27 Months In Fed Pen
Controller From NJ Who Embezzled $2.37M From Madison Avenue Firm Gets 27 Months In Fed Pen UPDATE: A controller from Middlesex County was sentenced to more than two years in federal prison for embezzling $2.37 million from his Madison Avenue employer. Gerard Beauzile, 63, South Plainfield, conducted an elaborate, long-running scheme to issue bogus checks to himself that he then deposited into his bank account, U.S. Attorney Philip R. Sellinger said. Beginning a decade ago and continuing through the end of 2020, Beauzile admitted issuing 140 checks to himself from the Manhattan-based company, which offers news, analysis, research and data for the "global energy industry," accordin…

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by Jerry DeMarco
News
FEDS: Bergen Doc Admits Buying Cancer Drugs For Multi-Million-Dollar Black Market Resale FEDS: Bergen Doc Admits Buying Cancer Drugs For Multi-Million-Dollar Black Market Resale
Feds: Bergen Doc Admits Buying Cancer Drugs For Multi-Million-Dollar Black Market Resale An Elmwood Park doctor admitted buying discounted prescription drugs used to treat cancer and other diseases so they could be sold for tens of millions of dollars on the black market, federal authorities said. Jon-Paul Dadaian, 53, a board-certified anesthesiologist and pain management specialist from Manhattan, used his medical license to buy the oncology medications under false pretenses "for the purpose of selling them for profit," U.S. Attorney Philip R. Sellinger said. He also let others use his license for the same purpose, Sellinger said. All for $130,500, the U.S. attorney said. D…

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by Jerry DeMarco
Lifestyle
Another Giant Clothier Falls: These NJ, NY, CT Brooks Brothers Stores Are Closed For Good Another Giant Clothier Falls: These NJ, NY, CT Brooks Brothers Stores Are Closed For Good
Another Giant Clothier Falls: These NJ, NY, CT Brooks Brothers Stores Are Closed For Good It was the clothier that dressed 40 presidents, brought us the button-down polo shirt and survived not only the Great Depression and two world wars but also casual Fridays. But like so many other traditional retailers, Brooks Brothers was no match for the coronavirus. The 202-year-old company – considered America's oldest apparel seller -- on Wednesday filed for bankruptcy protection while announcing that 38 stores that it closed amid the COVID-19 pandemic weren't reopening. The shuttered stores in New Jersey, New York and Connecticut include: The Shops at Riverside, Hackensack; 2381…

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by Jerry DeMarco