Owner, CEO Of Manhattan Investment Fund Among Trio Indicted For $1.8B Ponzi-Like Scheme
A man who was the head of a Manhattan investment fund was arrested on Thursday and is facing securities fraud charges for his role in an alleged $1.8 billion Ponzi-like scheme that saw his company paying clients with their own money.
Long Island resident David Gentile, age 54, of Manhasset, the founder, owner, and CEO of GPB Capital Holdings, was charged with two others for scheming to defraud investors by misrepresenting the source of funds used to make monthly distribution payments to them, federal officials said.
Specifically, the three were charged with securities and wire fraud, …
New Whole Foods Opens On Long Island
A new Whole Foods Market has opened on Long Island.
The 57,000-square-foot store is in Garden City, located at 867 E. Gate Blvd, and is open from 8 a.m. to 9 p.m. each day.
Its first day of business was Thursday, Nov. 5.
It's the fifth Whole Foods Long Island location, with the others in Commack, Jericho, Lake Grove, and Manhasset.
According to a press release by Whole Foods, special features of the new Garden City store include:
Coffee bar featuring on-tap nitro cold brew and rotating tea flavors. Seasonal offerings for fall include pumpkin spice lattes, golden harvest lattes and…
