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Lancaster-Based Fulton Bank Closing Branches In PA, NY, NJ
Lancaster-based Fulton Bank is closing branches across Pennsylvania, New York, and New Jersey, according to a filing with the U.S. Securities and Exchange Commission dated Thursday, July 18, and the locations were confirmed to Daily Voice on Thursday, July 25.
The closures at the following Fulton Bank branches will happen on or around November 22, 2024:
1701 John F Kennedy Blvd, Philadelphia, PA.
1220 N. Broad Street, Philadelphia, PA.
8000 Frankford Avenue, Philadelphia, PA.
2100 Street Road, Bensalem, PA.
1460 East Route 70, Cherry Hill, NJ.
514 North Kings Highway, Cherry Hil…
$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…
$2M Fraud Scheme: Long Island Trio Steals Millions From Financial Services Company, Feds Say
Three Long Island men are among several people accused in an elaborate scheme to defraud a financial services company out of millions.
An indictment unsealed in Central Islip federal court on Tuesday, Oct. 31, charges four men with conspiring to commit securities fraud and money laundering.
The following Suffolk County residents are named in the indictment:
Christopher Flagg (aka “Venus”), age 28, of Copiague
Daquan Lloyd (aka “Payday”), age 29, of Copiague
Eduardo Hernandez (aka “Ghost”), age 33, of Lindenhurst
According to prosecutors, the group created hundreds of sham brokerage accoun…
Heard But Not Seen: Nigerian National Nabbed In $250,000 Audiobooks Scheme, NJ Feds Say
A Nigerian national living in Bangladesh contracted with more than 600 voice actors to produce audiobooks of written works that he didn't hold the rights to, federal authorities in New Jersey charged.
Anyanwu Benjamin Chizitere, 30, of Enugu, Nigeria, was part of a group that collected more than $250,000 by infringing on the copyright of a Newark-based company and its authors, U.S. Attorney for New Jersey Philip R. Sellinger said.
Chizitere worked for a financial services business that provided online money transfer and digital payment services to the company, the U.S. attorney said.
He po…
$1.5M Embezzlement Case: Fairfield Woman Who Served As CFO Sentenced
The former chief executive officer for a Fairfield County company will serve the next two years in prison after pleading guilty to embezzling $1.5 million, federal authorities said. She used the money on vacations, luxury cars, jewelry, and a time-share condominium, the prosecutor said.
Carolina Guerreno, age 50, of the Town of Fairfield, pleaded guilty to one count of wire fraud last year and has agreed to reimburse her former company, the US Attorney General for Connecticut said. She has repaid $400,000 so far, officials said.
Guerreno worked at a financial services company in…
Former Long Island Investment Adviser Accused Of Stealing $400K From Clients
A Long Island man has been arrested and charged with allegedly defrauding his former clients of more than $400,000 that he used to pay his personal debts and expenses, including casino gambling debts and credit card bills.
Apostolos Pitsironis, age 52, of Dix Hills, a former registered investment advisor, and broker, was arrested on Wednesday, Feb. 10 in Dix Hills, said Seth D. DuCharme, Acting U.S. Attorney for the Eastern District of New York.
In approximately 2009, Pitsironis, who worked in the Melville office of a financial services firm, began managing the investments of a married…
Union City Finance Adviser Admits Ripping Off Elderly Clients
A Union City man pleaded guilty in a half-million dollar fraud involving financial services clients he was supposed to be working for, the U.S. Attorney's Office said.
Ramon Herrera, 36, pleaded guilty to one count of wire fraud and faces up to 20 years in prison when he's sentenced in February, authorities also said.
From May 2015 to early 2018, Herrera, who worked as a broker and financial adviser, met with and obtained confidential information from clients in and around Hudson County. The clients were mostly elderly, spoke only Spanish, or both, authorities said.
Herre…
Wells Fargo To Pay States $575M To Resolve Customer Ripoff Claims: NJ, NY, CT Get $34M
Wells Fargo Bank has agreed to pay $575 million – including more than $34 million combined to New Jersey, New York and Connecticut – to settle charges that it engaged in a variety of sales, lending, and other improper business practices for more than a decade.
The bank also has agreed to pay more than $385 million to 850,000 auto finance customers who were wrongly charged premiums, interest, and fees for forced-place collateral protection insurance, even though they already had the coverage.
That includes payments to more than 51,000 customers whose cars were repossessed, according to the m…
