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Stock Swindler: Barred Long Island Broker Sentenced For Scheme Stock Swindler: Barred Long Island Broker Sentenced For Scheme
Stock Swindler: Barred Long Island Broker Sentenced For Scheme An investment broker who admitted to using his client’s money on luxury cars, plane tickets, and more has received his prison sentence. Peter Quartararo of Glen Cove was sentenced to two-and-a-half to seven-and-a-half years in prison on Friday, June 14, the Nassau County District Attorney announced. Quartararo, who is 57, was a stockbroker who had previously been barred from operating as such in 2013 by the Financial Industry Regulatory Authority (FINRA). Original Report - Half-Million Dollar Scheme: Long Island Broker Admits Swindling Clients Despite that, starting in July 2018,…

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by Sophie Grieser
News
'A Big Undertaking': Rescue Saves, Rehabilitates Animals From Long Island Hoarding Case 'A Big Undertaking': Rescue Saves, Rehabilitates Animals From Long Island Hoarding Case
'A Big Undertaking': Rescue Saves, Rehabilitates Animals From Long Island Hoarding Case A volunteer animal rescue on Long Island, which recently took in animals from an apparent hoarding situation, has reached out to the community for aid so that they can properly care for their recent rescues. “These animals do not have a voice of their own.” Donna Amoscato was on the scene when 49 animals were taken from a Ronkonkoma home on Tuesday, April 2. Original Story: Over 40 Animals Kept In 'Noxious' Conditions In Ronkonkoma She described the grim circumstances as the animals were removed from the scene. “Most of the cages were filled with newspaper, feces, urine, and ha…

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by Sophie Grieser
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Half-Million Dollar Scheme: Long Island Broker Admits Swindling Clients Half-Million Dollar Scheme: Long Island Broker Admits Swindling Clients
Half-Million Dollar Scheme: Long Island Broker Admits Swindling Clients A barred investment broker from Long Island has been admitted to tricking clients into giving him hundreds of thousands of dollars, which he then used to buy luxury cars, plane tickets, and more. Peter Quartararo, age 57 of Glen Cove, pleaded guilty to his charges of grand larceny and more on Friday, Feb. 9, the Nassau County District Attorney announced. According to the charges against him, Quartararo met with six victims from July 2018 through January 2021 and told them he had access to pre-initial public offering stock (or “pre-IPO”) in companies such as Peloton, WeWork, PetCo, and Ai…

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by Sophie Grieser
News
$520,000 Stock Fraud Scheme Leads To Indictment For Barred NY Investment Broker: DA $520,000 Stock Fraud Scheme Leads To Indictment For Barred NY Investment Broker: DA
$520,000 Stock Fraud Scheme Leads To Indictment For Barred NY Investment Broker: DA A barred investment broker has been indicted on charges he stole $520,000 from six investors who believed they were investing in stocks for several high-profile companies. Long Island resident Peter Quartararo, age 57, of Glen Cove, was arraigned Thursday, March 9 on charges of grand larceny, said Nassau County District Attorney Anne Donnelly. “This defendant allegedly tricked investors into believing they were getting in on the ground floor of high-profile companies that were going public," Donnelly said. During the "scheme" which began in July 2018 and continued through January 2021, Qua…

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by Kathy Reakes
News
Barred Nassau County Investment Broker Accused Of Stealing $80K, DA Says Barred Nassau County Investment Broker Accused Of Stealing $80K, DA Says
Barred Nassau County Investment Broker Accused Of Stealing $80K, DA Says A Long Island man was arraigned after he was accused of stealing more than $80,000 from people who believed they were investing in shares of Petco, DoorDash, and Airbnb. Peter Quartararo, age 56, of Glen Cove, was arraigned on Tuesday, Aug. 31, and charged with second-degree and third-degree grand larceny, according to Acting Nassau County District Attorney Joyce Smith. He is set to appear in court again on Wednesday, Oct. 20. In August of last year, Quartararo allegedly introduced himself to the first victim, claiming to possess pre-initial public offering shares of DoorDash and offe…

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by Nicole Valinote
Business
COVID-19: Pandemic Brings Record Demand For Pets, Overwhelming Some Businesses COVID-19: Pandemic Brings Record Demand For Pets, Overwhelming Some Businesses
Covid-19: Pandemic Brings Record Demand For Pets, Overwhelming Some Businesses A record number of Americans have turned to pandemic pets to ride out the uncertainty of the COVID-19 outbreak, leaving some businesses and shelters overwhelmed due to the demand. With the rise in new pet owners has come a demand for veterinary, grooming, and training services for the millions of new animals being adopted during the pandemic that some businesses are struggling to keep up with. “Our training and our grooming is getting overwhelmed with demand,” Petco CEO Ron Coughlin said to Bloomberg. “Our vet hospitals and our vet clinics are having more and more demand as people feel mor…

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by Zak Failla
Business
No More Shock Collars - National Pet Supply Chain Bans Sale No More Shock Collars - National Pet Supply Chain Bans Sale
No More Shock Collars - National Pet Supply Chain Bans Sale A national pet supplies store will no longer sell electronic “shock” collars noting the devices may cause fear and anxiety in animals. PetCo announced on Tuesday, Oct. 6, that it would stop selling shock collars at all of its 1,500 stores in the United States and Mexico, the company said. At the same time, the company removed the collars from online sales, as well. “Electricity may be critical to powering your microwave, but it has no roled for the average pet parent training their dog,” said PetCo CEO Ron Coughlin in a press release. Coughlin said in most instances PetCo favors “positive …

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by Kristin Palpini
Police & Fire
Man Wanted For Stealing From Long Island Store Man Wanted For Stealing From Long Island Store
Man Wanted For Stealing From Long Island Store Know him? Police investigators are seeking the public’s assistance in identifying and locating a man who allegedly stole from a Long Island pet store earlier this year. An alert was issued and surveillance photos released by the Suffolk County Police Department for a man who allegedly stole a reptile lighting kit from Petco on New Moriches Road in Lake Grove on Thursday, March 19. The reptile lighting kit had a value of approximately $70, police said. Anyone who recognizes the man has been asked to contact Suffolk County Crime Stoppers by calling 1-800-220-TIPS or submitting an anonymous…

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by Zak Failla
News
Man Sentenced For Role In String Of Long Island Retail Business Burglaries Man Sentenced For Role In String Of Long Island Retail Business Burglaries
Man Sentenced For Role In String Of Long Island Retail Business Burglaries A Long Island man has been sentenced for his role in more than a dozen retail business robberies. United States District Judge Denis R. Hurley sentenced James Rogers, 49, of Hempstead to 184 months in prison for conspiring to commit gunpoint robberies of retail stores in Nassau and Suffolk between August 10, 2015 and Dec. 21, 2015. Rogers also brandished a firearm during the robbery of a Petco store in Hicksville, New York on Aug. 20, 2015. Rogers pleaded guilty to the charges in April 2017 and was sentenced at the federal courthouse in Central Islip on Thursday, Nov. 14. The sentenc…

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by Valerie Musson