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Feds Charge Exiled Chinese Tycoon With $1B Fraud That Funded $26.5M NJ Mansion Buy, More Feds Charge Exiled Chinese Tycoon With $1B Fraud That Funded $26.5M NJ Mansion Buy, More
Feds Charge Exiled Chinese Tycoon With $1B Fraud That Funded $26.5M NJ Mansion Buy, More Exiled Chinese tycoon Miles Guo was arrested by the FBI Wednesday on charges of swindling his online followers out of more than $1 billion that the government said he used, in part, to buy a 58-room mansion in Mahwah. Some of the agents were still at Guo’s 15-room penthouse in the Sherry-Netherland Hotel on Manhattan’s Upper East Side the afternoon of March 15, six hours after he’d been arrested there, when a mysterious fire broke out on the 18th floor, responders said. No injuries were reported, but authorities said the blaze significantly damaged Guo’s unit. No one drew any immediate conn…

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by Jerry DeMarco
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NJ FEDS: Miracle-Aspirin Investment Scam Sends Long Island Man To Prison For 4½ Years NJ FEDS: Miracle-Aspirin Investment Scam Sends Long Island Man To Prison For 4½ Years
NJ Feds: Miracle-Aspirin Investment Scam Sends Long Island Man To Prison For 4½ Years A Long Island man must spend the next 4½ years in prison for scamming investors out of $3.5 million through what he claimed was a revolutionary new aspirin, federal authorities in New Jersey said. Donald A. Milne III, a 57-year-old repeat offender from Massapequa, defrauded more than 70 victims from throughout the country, U.S. Attorney Philip R. Sellinger said. All thought they'd invested in what he touted as a “fast-acting form of powdered aspirin that could instantly stop heart attacks and strokes," Sellinger said. Milne used the money instead for a Caribbean vacation, boating expe…

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by Jerry DeMarco
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Former Trump Communications Chief's SUV Stolen In NJ Former Trump Communications Chief's SUV Stolen In NJ
Former Trump Communications Chief's SUV Stolen In NJ Somewhere Donald Trump may be giggling. The tsunami of vehicle thefts in North Jersey claimed one of the former president's antagonists when someone snatched a 2021 Mercedes Benz owned by onetime White House communications director Anthony Scaramucci from outside a Paramus home. As with just about all of the thefts reported in North Jersey's wealthier counties, the SUV was left unlocked a with a spare key fob inside when it was stolen off Ridgewood Avenue, borough police said. "The Mooch" was one of the lucky ones, though: As with most cases, the flashy financier's wheels were dumped in N…

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by Jerry DeMarco
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NY Con Man Admits Scamming $3.5M From Elderly Investors In NJ, Elsewhere For Heart Attack Pill NY Con Man Admits Scamming $3.5M From Elderly Investors In NJ, Elsewhere For Heart Attack Pill
NY Con Man Admits Scamming $3.5M From Elderly Investors In NJ, Elsewhere For Heart Attack Pill A convicted con artist from Long Island admitted in federal court in Trenton on Monday that he scammed investors in a purportedly revolutionary new aspirin -- most of them elderly -- out of $3.5 million that he used as his own personal piggybank. Donald A. Milne III, a 57-year-old repeat offender from Massapequa, defrauded more than 70 victims from throughout the country who though they'd invested in Instaprin, which he touted as a “fast-acting form of powdered aspirin that could instantly stop heart attacks and strokes," Acting U.S. Attorney Rachael A. Honig said. He used the money instead…

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by Jerry DeMarco