Top 5 Stories in Long Island Press This Week: Drug Scheme, Linda Mangano, And More

A Great Neck hedge fund manager pleaded guilty to operating a Ponzi scheme (Getty Images)

Great Neck Hedge Fund Founder Admits $65M Ponzi Scheme

A hedge fund founder from Great Neck has admitted conning investors and financial institutions out of $65 million in a Ponzi scheme over a six-year span.

Midwinter Break Activities on Long Island 2023

Midwinter break for Long Island schools has arrived. It’s the perfect chance to get out of the house and spend time as a family.

2 More Long Island Bed, Bath & Beyond Stores Slated to Close

The number of Bed Bath & Beyond stores on Long Island slated to close rose from three to five after the home goods chain announced another round of cuts.

Long Island's drug epidemic is fueled by oxycodone, heroin and fentanyl. — Long Island’s drug epidemic is fueled by oxycodone, heroin and fentanyl.

Cedarhurst Pharmacist Admits to $1M NYC Oxycodone Scheme

A pharmacist from Cedarhurst has admitted illegally selling about $1 million worth of addictive painkillers from his Far Rockaway drug store in a scheme with crooked doctors over a four-year span, federal prosecutors said.

linda mangano top stories — Former Nassau County Executive Ed Mangano was sentenced to 12 years in federal prison and his wife, Linda, was sentenced to 15 months in prison after the couple was convicted of corruption charges.
Judge Joan M. Azrack also ordered Ed to pay a $20,000 fine and ordered Linda to 1,000 hours of community service.

Linda Mangano Released from Prison Amid 15-Month Corruption Sentence

Linda Mangano, the wife of former Nassau County Executive Ed Mangano, was released from prison last month amid a 15-month sentence, according to reports.