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$1B Scheme: Pair Of CEOs, Including Manhasset Man, Defrauded 10K Investors, Jury Finds
A New York resident was one of two CEOs convicted in federal court of a $1 billion fraud scheme involving thousands of investors.
Long Island resident David Gentile, age 57, of Manhasset, and Jeffry Schneider, age 55, of Austin, Texas, were found guilty in federal court on all counts of an indictment charging them with conspiracy to commit securities fraud, conspiracy to commit wire fraud, and securities fraud.
Gentile, the owner and CEO of GPB Capital Holdings, was also convicted on two counts of wire fraud.
The verdict came after an eight-week trial.
When sentenced on Thursd…
$185M Scheme: NY Trio Nabbed For Defrauding 1,400 Investors, Feds Say
Three New York men have been charged in connection with a $185 million fraud scheme involving over a thousand investors, federal authorities announced.
The three are Long Island resident Mario Gogliormella, age 47, of Manhasset; and New York City residents Steven Lacaj, age 27, of Manhattan, and Karim Ibrahim, age 34, of Queens, also known as “Chris Hayes."
“By allegedly raising approximately $185 million from over 1,400 investors, Mario Gogliormella, Steven Lacaj, and Karim Ibrahim left a trail of shattered trust and financial ruin," US Attorney for the Southern Distric…
Firefighter Sends Sexually Explicit Photo To Purported Underage Teen, Capital Region Police Say
A firefighter from the region is accused of sending a sexually explicit image to who he believed was a minor.
Albany County resident John Redick, age 68, of Colonie, was arrested Monday, March 18, on suspicion of disseminating indecent material to a minor, a felony.
Colonie Police said Redick, a lifetime member of the Colonie Fire Company, sent the illegal photo to who he believed to be an underage teenage boy.
“This is still an active investigation and although we are not aware of any other victims at this time, the nature of the allegations is concerning,” the agency said.
Redick was ar…
