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$9.6M Scheme: NY Businessman Admits To Bank Fraud Conspiracy $9.6M Scheme: NY Businessman Admits To Bank Fraud Conspiracy
$9.6M Scheme: NY Businessman Admits To Bank Fraud Conspiracy 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…

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by Joe Lombardi
News
Final Phase Of Construction On Castleton Bridge Begins In Capital Region Final Phase Of Construction On Castleton Bridge Begins In Capital Region
Final Phase Of Construction On Castleton Bridge Begins In Capital Region Get ready for a few traffic nightmares, but it will be worth it, says New York Gov. Kathy Hochul. Hochul announced the latest mega-million project on Monday, Sept. 23. It will take place in Albany and Rensselaer counties as work begins on the $38.2 million bridge superstructure rehabilitation and resiliency project on the historic Castleton-On-Hudson Bridge over the Hudson River. The project is the final step in the Thruway Authority’s restoration of the more than one-mile blue cantilever truss bridge, which is traveled by more than six million vehicles annually. “The Castleton Bridge is a…

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by Kathy Reakes