$40M Fraud: New Canaan Insurance Firm Owner Admits To Scam, Could Face Decades In Prison
A "brazen" insurance company owner from Fairfield County admitted to $40 million of insurance fraud that paid for expenses relating to boating, luxury cars, and golf, officials say.
In a New York federal court, Anthony Riccardi, of New Canaan, pleaded guilty to conspiracy to commit wire fraud and bank fraud on Tuesday, Feb. 21, according to the office of the United States Attorney for the Southern District of New York.
Riccardi, the 50-percent co-owner and executive vice president of Employee Benefit Solutions LLC, a Connecticut insurance firm, was …
Former NY Legislator, Ex-Girlfriend Both Convicted Of Defrauding Business Of $250K
A former county legislator in New York and an accomplice from Connecticut have been convicted by a jury of scamming a business out of more than a quarter of a million dollars.
George Guldi, who served as a Long Island legislator representing the South Fork of Suffolk County, and Litchfield County resident Victoria Davidson, of Lakeville, Connecticut, defrauded Ditech Financial LLC, a mortgage lender, Damian Williams, the United States Attorney for the Southern District of New York, announced.
“George Guldi, while in prison, concocted and conducted a scheme along with his co-consp…
Police In Hudson Valley Help Catch Suspects Of Nationwide 'Felony Lane Gang' Fraud Scheme
Two suspects who admitted to being part of a nationwide fraud scheme were caught with the help of police in the Hudson Valley.
The two men, Joshua Mallory, age 37, and Gary Grier, age 36, both of Fort Lauderdale, Florida, pleaded guilty on Tuesday, Dec. 20 to being part of the multi-state "Felony Lane Gang," a fraud scheme involving suspects breaking into cars and stealing debit cards and checkbooks, according to the US Attorney's Office for the Northern District of New York.
Between 2015 and 2020, Mallory, Grier, and several co-conspirators traveled across the country breaking …
Pair Stole $164K From 94-Year-Old Connecticut Man's Checking Account, Police Say
A 94-year-old man from Connecticut lost $164,000 in thefts from his checking account, authorities said.
The alleged thieves included a pair from New Jersey, according to Old Saybrook Police.
Ashlee Crawford, age 33, of Plainfield, NJ, and Shannon Outlaw II, age 27, of North Brunswick, NJ,were charged with larceny and forgery, police said . Crawford also was charged with a second count of forgery.
The Middlesex County man, who resides in Old Saybrook, reported the theft to police in February after $164,284 disappeared from his checking account, police said.
Crawford was observed on vi…
NJ Pair Stole $164K From 94-Year-Old Connecticut Man's Checking Account: Police
A 94-year-old man from Connecticut lost $164,000 in thefts from his checking account, authorities said.
The alleged thieves included a pair from Middlesex County, according to Old Saybrook, CT, police.
Ashlee Crawford, 33, of Plainfield, and Shannon Outlaw II, 27, of North Brunswick, were charged with larceny and forgery, police said in a press statement. Crawford also was charged with a second count of forgery.
The Old Saybrook man reported the theft to police in February after $164,284 disappeared from his checking account, police said.
Crawford was observed on video surveillance f…
Mortgage Fraud: NJ Developer, Attorney Admit Swindling Lenders Out Of $3.5M
A New Jersey real estate developer and a lawyer admitted running a multi-layered mortgage fraud that cost banks more than $3.5 million in losses, federal authorities said.
Developer Victor Santos, 63, of Watchung, paid stand-in "straw" buyers $5,000 each to first purchase a dozen properties in Newark and then secure tenants to lease them, U.S. Attorney Philip R. Sellinger said.
A group of conspirators including him and attorney Fausto Simoes, 69, of Millington, covered the costs -- including fees and mortgage payments, the U.S. attorney said.
"Santos, Simoes, and others also caused the sub…
