Fri 20 Aug 2010
News Analysis: Deep Crisis for New Jersey’s Pension Funds
Filed under: Pensions and Retirement Plans, Frauds and Swindling, Budgets and Budgeting, New Jersey — @ 5:10 am

Experts say that Republican and Democratic lawmakers contributed to the problem by refusing for years to put state money into pension funds as they should have.


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Thu 19 Aug 2010
Operators of Queens Bingo Hall Charged With Theft
Filed under: Skiada, Tommy, Radulescu, Daniella, Moshopoulos, Spiros, Bingo, Frauds and Swindling, Queens (NYC) — @ 4:50 am

A grand jury indicted three of the people who operated a Jackson Heights bingo hall, accusing them of stealing $830,000 in proceeds meant for the charities going back to January 2007.


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Thu 19 Aug 2010
New Jersey Settles S.E.C. Case Over Pensions
Filed under: Securities and Exchange Commission, Pensions and Retirement Plans, Frauds and Swindling, New Jersey — @ 2:49 am

Federal regulators accused New Jersey of securities fraud for claiming it was funding public workers’ pensions when it was not.


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Wed 18 Aug 2010
New Jersey Settles Fraud Charges Over Municipal Bonds
Filed under: Securities and Exchange Commission, Pensions and Retirement Plans, Frauds and Swindling, New Jersey — @ 8:50 pm

The state had been accused of failing to inform bond investors that it was underfunding its largest pension plans.


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Wed 11 Aug 2010
Day Care Operators Accused of Defrauding New York
Filed under: Aleksey Vasilyev, Rimma Volovnick, Yana Krugly, Lyudmila Grushko, Mariya Rapoport, Aurora Villareal, Carolyn Eason, Emile Nekhala, Dionne Rivers-Ettu, Leonid Gutnik, Liudmila Umarov, Day Care Centers, Government Employees, Frauds and Swindling, Health and Mental Hygiene Department (NYC), Bharara, Preet, Administration for Children's Services (NYC), Bribery and Kickbacks, Human Resources Administration, New York City — @ 3:50 am

Federal officials filed charges in what they called a “massive fraud and bribery scheme” involving a group of Russian immigrants.


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Wed 4 Aug 2010
Lawrence Salander Sentenced for Art Fraud Scheme
Filed under: Obus, Michael J, Salander, Lawrence B, Sentences (Criminal), Frauds and Swindling, Art — @ 4:20 am

Lawrence B. Salander will serve 6 to 18 years in prison for stealing money and artwork.


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Fri 30 Jul 2010
Judge Drops 13 Charges in Case Against Consultant
Filed under: Bribery and Kickbacks, Stone, Lewis Bart Jr., Loglisci, David J, Money Laundering, Harding, Raymond B, Pensions and Retirement Plans, Morris, Hank, Hevesi, Alan G, Frauds and Swindling — @ 5:59 am

Hank Morris, who had advised a former state comptroller, still faces many counts related to what prosecutors said was a scheme to defraud the state pension fund.


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Fri 30 Jul 2010
Judge Refuses to Vacate Verdicts in Astor Trial
Filed under: Wills and Estates, Morrissey, Francis X Jr, Bartley, A Kirke Jr, Fernandez, Yvonne, DeMarco, Judi, Marshall, Anthony D, Astor, Brooke, Frauds and Swindling, Decisions and Verdicts, Jury System, Supreme Courts (State), Alzheimer's Disease, Manhattan (NYC) — @ 5:58 am

Lawyers representing Brooke Astor’s son and a lawyer who had done work for her had asked that their convictions be thrown out because of an incident involving a holdout juror.


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Tue 27 Jul 2010
Former Body-Armor Executive on Trial for Fraud
Filed under: Ott, Christopher, DBH, Brooks, David H., Frauds and Swindling — @ 2:49 am

Charges including fraud and insider trading against the free-spending David H. Brooks, whose company was enriched by military contracts, is going to a jury.


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Wed 21 Jul 2010
N.Y. Senate Leader Tied to Figure in Loan Scandal
Filed under: Meeks, Gregory W, Real Estate Brokers, Ahmad, Edul, Sampson, John L, State Legislatures, Queens (NYC), Politics and Government, Frauds and Swindling, New York State — @ 5:00 am

New York State documents show that John L. Sampson represented a controversial Queens real estate broker as a lawyer while the broker was under investigation.


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