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Bank Fraud

Police & Fire
$9.6M Scheme: NY Businessman Admits To Bank Fraud Conspiracy $9.6M Scheme: NY Businessman Admits To Bank Fraud Conspiracy
$9.6M Scheme: NY Businessman Admits To Bank Fraud Conspiracy The owner of a New York business admitted to running a multimillion-dollar check-kiting scheme to keep his company operating. Long Island resident John B. Mensch, age 54, pleaded guilty in connection with a nearly year-long fraud conspiracy involving banks in Suffolk County and the Hudson Valley, federal authorities announced Wednesday afternoon, Oct. 2. Mensch, of Quogue, faces up to five years’ imprisonment as well as financial penalties, including restitution to the two banks of approximately $9.6 million. According to court filings, Mensch was the owner and operator of East End, a…

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by Joe Lombardi
Police & Fire
4 Suspects Nabbed After Trying To Access Victim's Bank Account In Region: Police 4 Suspects Nabbed After Trying To Access Victim's Bank Account In Region: Police
4 Suspects Nabbed After Trying To Access Victim's Bank Account In Region: Police Four people, including a Connecticut resident, face attempted identity theft charges after trying to withdraw funds from a victim's account at a Hudson Valley bank, police said.  The arrests were made following an incident that began in Putnam County at around 9:50 a.m. on Wednesday, Sept. 11, when the Hudson Valley Credit Union at 1620 Route 22 in Southeast reported a fraudulent incident, the Putnam County Sheriff's Office announced on Friday, Sept. 13.  According to the Sheriff's Office, the bank reported that a woman had entered and tried to present fraudulent documents to…

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by Ben Crnic
News
Ex-Cuomo, Hochul Aide Raked In Millions Acting As Undisclosed Agent Of Chinese Government: Feds Ex-Cuomo, Hochul Aide Raked In Millions Acting As Undisclosed Agent Of Chinese Government: Feds
Ex-Cuomo, Hochul Aide Raked In Millions Acting As Undisclosed Agent Of Chinese Government: Feds This story has been updated. A former aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo is accused of acting as an agent for the Chinese government. Long Island residents Linda Sun, age 41, and her husband Chris Hu, age 40, were arrested at their Manhasset home on Tuesday morning, Sept. 3, on charges of violating the Foreign Agents Registration Act, money laundering, and related charges. According to federal prosecutors, Sun – who served as Hochul’s deputy chief of staff before being fired in 2023 – engaged in numerous political activities at the behest of Chinese government …

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by Michael Mashburn