Clik here to view.
White Plains CPA gets 22 months in prison for tax fraud
A White Plains CPA was sentenced on Wednesday to 22 months in prison for obstructing the IRS in a $23.5 million fraudulent tax credit scheme. Joseph Cervone, 64, had pleaded guilty to filing bogus tax...
View ArticleClik here to view.
Federal investigation targets Stamford opioid drugmaker Purdue Pharma
Purdue Pharma LP is the subject of a U.S. Department of Justice investigation related to the marketing of its painkiller OxyContin and its potential impact within the nation’s opioid crisis. The...
View ArticleClik here to view.
RBS Securities to pay $35 million in penalties for fraud scheme
RBS Securities Inc. has agreed to pay $35 million in penalties and $9 million in restitution to victim customers as part of a nonprosecution agreement related to RBS’ fraudulent trading, according to...
View ArticleClik here to view.
Prospero Equipment Corp. bookkeeper gets prison time for embezzling $250K
A bookkeeper was sentenced to prison for 18 to 54 months on Oct. 25 for embezzling more than $250,000 from Prospero Equipment Corp. in Pleasantville. Flores Erika Flores, 47, of Ossining, worked for...
View ArticleClik here to view.
Wilton man pleads guilty in Stamford hedge fund Ponzi scheme
A Wilton man has pleaded guilty for his role in defrauding hedge fund investors in a Ponzi-style scheme. Steven Simmons, the former head of alternative investments at Sideris Capital Partners in...
View ArticleClik here to view.
Stratford roofing company controller sentenced to 4 years for embezzlement
A controller for roofing company Nations Roof LLC was sentenced to four years in prison for embezzling nearly $1 million from his employer. Claude Carnahan was sentenced for stealing about $984,000...
View ArticleClik here to view.
Feds sue Monsey homebuilder for unpaid penalties on Swiss bank accounts
The federal government is suing a Monsey homebuilder for not paying penalties that were assessed when he pleaded guilty two years ago to concealing Swiss bank accounts. Acting U.S. Attorney Joon H. Kim...
View ArticleClik here to view.
Appellate court censures former White Plains attorney for misconduct
A state appellate court has censured a former White Plains attorney for his conduct in representing a disbarred attorney. The Supreme Court appellate division that oversees Westchester County ruled on...
View ArticleClik here to view.
Fake attorney sentenced to prison for bilking inmates
A fake attorney who swindled hundreds of inmates for phony legal services, including victims in Westchester County, will soon be joining her clients in prison. Yesterday, a county court judge in Albany...
View ArticleClik here to view.
Norwalk landscaper pleads guilty to tax fraud
The owner of two Norwalk landscaping companies pleaded guilty on Nov. 17 to one count of filing a false tax return. Candido Valadares, who operates Candide’s Landscaping and Water Gardens LLC and...
View ArticleClik here to view.
Ramapo agrees with SEC to clean up bond finances
The town of Ramapo and its local development corporation have consented to an SEC agreement to clean up how they issue municipal bonds. Though they did not explicitly admit wrongdoing, by agreeing not...
View ArticleClik here to view.
Weston doctor convicted of insider trading; faces up to 40 years in prison
A Weston doctor has been convicted of insider trading after selling pharmaceutical stock before its value sharply declined on news about a clinical drug trial he oversaw. Edward Kosinski Edward J....
View ArticleClik here to view.
Easton Police raise funds by selling doll based on K-9 staffer
The Easton Police Department is now in the toy retailing business, with a new doll celebrating its K-9 staffer TJ. Easton Police dog TJ poses with a doll that the department is selling to raise funds....
View ArticleClik here to view.
Stamford businessman charged in $2M securities fraud scheme
A federal grand jury in New Haven has returned a 39-count indictment against Stamford resident Thomas Connerton for various offenses stemming from an investment scheme that defrauded individuals of...
View ArticleClik here to view.
Election-rigging real estate developer sentenced to prison
A real estate developer who federal prosecutors concede is a “good and decent man” was sentenced to prison for conspiracy to rig an election. Judge Vincent Briccetti on Thursday sentenced Shalom Lamm,...
View ArticleClik here to view.
SEC charges Westport Capital Markets with defrauding clients
The U.S. Securities and Exchange Commission (SEC) has charged the investment advisory firm Westport Capital Markets LLC and its principal, Christopher E. McClure, with breaching their fiduciary duties...
View ArticleClik here to view.
Sexual harassment at work: Litigate or arbitrate?
A bipartisan coalition in Congress is taking aim at corporate agreements that it says silence victims of sexual harassment and assault. U.S. Sen. Kirsten Gillibrand, the New York Democrat, and U.S....
View ArticleClik here to view.
AMA Laboratories demands search warrant evidence that justified federal raids
Half of the 47 employees of AMA Laboratories Inc. have left or have been laid off in the past eight months following federal raids on the New City company, and customers are taking their business to...
View ArticleClik here to view.
Canadian-Iranian sentenced to prison for conspiring to export weapons to Iran
A dual Canadian-Iranian citizen has been sentenced by a federal court judge in White Plains to 32 months in prison for conspiring to export military weapons to Iran. In 2014, Ali Soofi emailed someone...
View ArticleClik here to view.
Stamford ice skating rink manager pleads guilty to defrauding employer
The former general manager of a Stamford ice skating rink has pleaded guilty to one count of wire fraud for bilking his employer of more than $490,000 in phony expenses. Between October 1999 to August...
View Article