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51°
Monday, dec 30
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US Small Business Administration
News
FEMA Denies Emergency Assistance For Suffolk County Residents After Devastating Flooding
The federal government declined to help New York homeowners who were impacted by last summer’s severe flooding. Following a preliminary damage assessment on Long Island by the Federal Emergency Management Administration (FMEA), the agency stated that Suffolk County did not meet the severity requirements for assistance. Gov. Kathy Hochul’s office expressed disappointment over the decision but vowed to appeal it. Earlier Report: Homeowners Impacted By Suffolk Co. Flooding Could Get Up To $50K In Repair Grants; Here's How “(We) will continue fighting to ensure storm-impacted residents…
News
Covid-
19: John Gotti's Smithtown Grandson Admits To $1M Relief Fraud
A New York man with ties to the Mafia formally confessed to a million-dollar COVID-19 relief fraud scheme. Long Island resident Carmine Agnello, age 38, of Smithtown, pleaded guilty to wire fraud in Central Islip federal court on Thursday, Sept. 26. Agnello is the grandson of the late John Gotti, former boss of the Gambino organized crime family. According to prosecutors, between April 2020 and November 2021, he fraudulently applied for, and received, at least three small business loans under the US Small Business Administration’s Economic Injury Disaster Loan Program (EIDLP). The program…
News
Nypd
Detective From Long Island Helps Dozens Get Fraudulent
Covid-
19 Relief Loans, Feds Say
An NYPD detective from Long Island is among four defendants accused of helping dozens of people obtain fraudulent COVID-19 relief loans. John Bolden, age 46, of Valley Stream, was indicted on wire fraud charges in Brooklyn federal court on Monday, Aug. 12. Prosecutors said Bolden and a second NYPD detective, Anthony Carreira, owned partnership interests in a franchise location for a tax preparation business. Together with clients and co-defendants, the pair helped more than 65 people submit fraudulent applications for loans under the US Small Business Administration's Paycheck Protection P…