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Target To Close Stores In 4 States, Including NY, Citing Theft, Organized Retail Crime
Citing incidents involving violence and theft, Target announced it is closing nine stores in four states, including one in New York.
The New York store is in Manhattan, at 517 E 117th St.
Three other stores are in California, in the San Francisco/Oakland market, and three in Oregon, in Portland.
The other two stores are in Seattle, Washington.
"We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," the company said in a statement released Tuesday afternoo…
$12M Fraud: NY Man Cons Developers Out Of Millions To Buy Luxury Cars, Yachts, Feds Say
A New York man is among two people facing federal charges for allegedly conning commercial developers out of millions of dollars to fund a lavish lifestyle.
Long Island resident Joseph Malvasio, age 65, of Bridgehampton and Fort Lauderdale, Florida, is named in an indictment unsealed by the US Attorney’s Office in the Southern District on Thursday, Aug. 10.
According to prosecutors, Malvasio conspired with 57-year-old Gregg Marcus, of Bay Harbor Islands, Florida, to run an advance-fee scheme through their business, Global Capital Partners Fund LLC.
The duo falsely claimed that the company …