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 for Long Island schools has arrived. It’s the perfect chance to get out of the house and spend time as a family.
Shoppers enter and exit a Bed Bath & Beyond in Schaumburg, Ill., Jan. 14, 2021. Struggling Bed Bath & Beyond warned that there’s substantial doubt about the company’s ability to continue as a “going concern” even as it continues to look at options like refinancing its debt or restructuring its business in bankruptcy court.AP Photo/Nam Y. Huh, File
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.
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.
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, the wife of former Nassau County Executive Ed Mangano, was released from prison last month amid a 15-month sentence, according to reports.