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34°
Friday, nov 29
Tag:
Retirement pension
Politics
Here's How Much Cuomo Will Be Collecting In Pension Payments Each Month
Andrew Cuomo is no longer sitting inside the Governor’s Mansion in Albany, but he is still collecting a hefty paycheck from New York State. The embattled former governor, who resigned over the summer following an investigation into nearly a dozen of complaints of sexual harassment, received his first pension check last month to the tune of $4,219.11, according to the New York State comptroller’s office. His first payment was sent in October 2021, officials said. Cuomo's annual benefits add up to $50,629.32, which he will get the amount for the rest of his life, plus future cost of living …
News
NY Man Admits To Running $200M Ponzi Scheme In Region
A 53-year-old man has admitted to running a $200 million Ponzi scheme in New York based on false statements to investors about inflated returns for nonexistent wholesale jewelry deals, federal authorities announced on Wednesday, Dec. 30. Long Island resident Gregory Altieri, 53, pleaded guilty to wire fraud for running the scheme. As part of the plea, Altieri, of Melville in Suffolk County, also admitted to committing securities fraud in connection with the scheme. When sentenced, Altieri faces up to 20 years in prison. “With today’s guilty plea, Altieri is hel…