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$9.6M Scheme: Businessman Admits To Fraud Involving Banks, Including 1 In Hudson Valley
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…
Covid-19: Biden Issues Orders On Masks, Schools, Travel, Saying 'This Is A Wartime Undertaking'
President Joe Biden has hit the ground running in laying out his COVID-19 response plan to slow down the pandemic, issuing a series of executive orders to combat the spread of the virus, calling it a "wartime undertaking."
On his first full day in office, Thursday, Jan. 21, Biden signed 10 executive orders to combat COVID-19, mandating masks on public transportation across the country and directing agencies to use wartime powers to require American companies to make masks, swabs, and other equipment.
The new travel order also requires international travelers to provide proof of a negative…
Toll Prices Increase Along These NY Bridges, Tunnels
Traveling to and from New York City has gotten more expensive.
Tolls on bridges and tunnels connecting New York City to northern New Jersey, Westchester, and Long Island went up this weekend, beginning on Sunday, Jan. 5.
Toll increases will impact drivers using the George Washington Bridge, Lincoln Tunnel, Holland Tunnel, Goethals Bridge, Bayonne Bridge, and Outerbridge Crossing.
Cash tolls were also increased to $16 on Port Authority bridges and tunnels. Passengers using E-Z Pass will be charged $13.75 during peak hours and $11.75 during off-peak hours, both a $1.25 increase.