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$1B Scheme: Pair Of CEOs, Including Manhasset Man, Defrauded 10K Investors, Jury Finds
A New York resident was one of two CEOs convicted in federal court of a $1 billion fraud scheme involving thousands of investors.
Long Island resident David Gentile, age 57, of Manhasset, and Jeffry Schneider, age 55, of Austin, Texas, were found guilty in federal court on all counts of an indictment charging them with conspiracy to commit securities fraud, conspiracy to commit wire fraud, and securities fraud.
Gentile, the owner and CEO of GPB Capital Holdings, was also convicted on two counts of wire fraud.
The verdict came after an eight-week trial.
When sentenced on Thursd…
Brand Of Jalapenos, Green Peppers, Green Beans Recalled Due To Listeria Concerns
A recall has been issued for a brand of peppers and green beans due to potential Listeria contamination.
ALDI Inc. announced it is recalling Freshire Farms jalapenos, green peppers, and green beans in connection to an earlier recall by Wiers Farm and R.S. Hanline Co.
The full product details, with product name, package description, and UPC code, are:
Jalapeno 8 oz. bag 4099100087680
Green Pepper 16 oz. (3 pack) bag 4099100087598
Green Beans 16 oz. bag 4099100087826
The affected product was sold at select ALDI stores in New York, Pennsylvania, Ohio, Kentucky, and West Virginia.
Re…
Most Expensive States: Here's Where NY Ranks, New Report Says
A new ranking by CNBC has found that both New York and Massachusetts are part of the top 10 most expensive states to live in.
The CNBC report, which was published on Friday, July 12, used an index of prices for a broad range of goods and services, which was calculated by the Council for Community and Economic Research (C2ER), alongside housing affordability and the cost to insure a median-priced home, to determine the list of spendy states.
New York, which ranked in ninth place (tied with Florida, Rhode Island, and Washington), earned a grade of D- from CNBC’s “Top States for Business 202…
FBI Conducts Pre-Dawn Search Of Ex-Cuomo, Hochul Aide's $3.5M NY Home: Report
FBI agents searched the $3.5 million home of a former deputy chief of staff to New York Gov. Kathy Hochul, who also held a high position under ex-Gov. Andrew Cuomo, a new report says.
Click here for a new, updated story: Details Emerge On Ex-Cuomo, Hochul Aide Whose $3.5M Manhasset Home Was Searched By FBI
The red-bricked home of Linda Sun and her husband, Chris Hu, is located on Long Island's North Shore, in a gated community in the hamlet of Manhasset.
According to The New York Times, the search was conducted Tuesday morning, July 23.
It is unclear what potential crime…
