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$2M Scheme: 3 NYers Among 4 Nabbed For Defrauding Company, Feds Say
Four men have been accused of creating hundreds of fictitious brokerage accounts in defrauding a financial services company of more than $2 million.
They have pleaded guilty in federal court in Central Islip to money laundering conspiracy in connection with the scheme involving the global financial services firm based in Menlo Park, California, which is located near San Francisco.
Three of the four are Long Island residents:
Edward Hernandez, also known as “Ghost,” age 33, of Lindenhurst;
Christopher Flagg, also known as “Venus," age 28, of Copiague;
Daquan Lloyd, also…
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations
Red Lobster plans to close more restaurants just weeks after it filed for bankruptcy, according to a new report.
In a bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion.
Days before the filing, dozens of Red Lobster locations were listed as "temporarily closed" on the company's website, including these New York locations:
Kingston,
Scarsdale,
Nanuet,
Poughkeepsie,
Stony Brook
In an updated list of closures reported by CNN on Thursday, June 6, five new locations in New York have been added to the list, including it…
Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy
Rite Aid has announced specific store closures just days after the struggling pharmacy chain filed for bankruptcy.
Of the 154 closures nationwide announced on Tuesday, Oct. 18, 20 are in New York, 14 of which are on Long Island.
Rite Aid currently has 2,100 stores and about 45,000 employees.
The Long Island stores slated for closure are:
2 Whitney Ave., Floral Park
3131 Hempstead Turnpike, Levittown
3199 Long Beach Road, Oceanside
198 West Merrick Road, Valley Stream
836 Sunrise Highway, Bay Shore
2784 Sunrise Highway, Bellmore
901 Merrick Road, Copiague
577 Larkfield Road, East Nor…
