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Duo Steals $275K Diamond Watch From Long Island Jeweler, Police Say
Two men are accused of stealing a diamond watch worth more than a quarter-million dollars from a Long Island jeweler.
The theft occurred in Greenvale, at the Loucri Jewelers located on Northern Boulevard, at around 3:15 p.m. Wednesday, July 17.
Nassau County Police said two men entered the store and one distracted the salesperson while the other concealed a Audemars Piguet Royal Oak custom diamond watch. The watch is valued at $275,325.
The pair then fled in a Ford SUV.
On Thursday, Aug. 1, police arrested Petru Magdas, age 49, and Petru Munteanu, age 28, both of Queens Village, Queens, a…
$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…
Salon Crash: Alleged Drunk Driver Who Killed Off-Duty Cop, 3 Others In NY Charged With Murder
An alleged drunk driver who crashed his SUV into a New York nail salon, killing four people, including a police officer, was charged with murder.
Long Island resident Steven Schwally, age 64, of Dix Hills, was formally indicted on four counts of second-degree murder, plus 24 other felonies and nine misdemeanors, in Suffolk County Court on Thursday, Aug. 1
District Attorney Raymond Tierney said Schwally had just left a liquor store and was intoxicated when he crashed his SUV into Hawaii Nail & Spa, located in Deer Park on Grand Boulevard, going nearly 80 miles per hour on Friday, June 28…
