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Friday, dec 27
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US Small Business Administration
News
FEMA Denies Emergency Assistance For NY 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 NY 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…