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Multi-Million Dollar Ponzi Scheme: Long Island Man Sentenced, Must Pay $3.3M In Restitution
A Long Island man has been sentenced to over three years in prison for running a yearslong Ponzi scheme and using the proceeds to pay off his gambling debts, officials announced.
John Quadrino, age 57, of Oceanside, was sentenced to 41 months behind bars and ordered to pay $3.3 million in restitution for running a million-dollar Ponzi scheme on Thursday, May 25, according to the Eastern District of New York Attorney’s Office.
Quadrino asserted to potential investors that his companies – Princess Cut Industries, Inc., Sassy Jewelry Buyers, Inc., and Golden Glitter Trading, Inc. – sold diam…
Attempted Murder: Duo Charged In Robbery, Shooting Of Employee At Long Island Business
Two people have been arrested and charged nearly a year after a robbery and shooting at a Long Island smoke shop that left an employee injured.
According to Nassau County Police, Jennifer Crespin-Gomes, age 20, and Yunus Irwan, age 19, both Queens residents, are facing multiple charges, including attempted murder, in connection with a robbery at Da Smoke Shop in Oceanside in March 2022.
Irwan reportedly entered the Merrick Road business on March 6, 2022, confronted a 26-year-old male employee, and fired two rounds, one of which hit the employee in the chest.
Irwan then fled the scene…