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Mahwah Financial Advisor Siphoned $1 Million From 98-Year-Old Widow's Account, State Says
A financial adviser from Mahwah pocketed nearly $700,000 and diverted another $300,000 or so of a 98-year-old widow’s money, said state authorities who stripped him of his ability to operate any longer in New Jersey.
John Joseph Cahill, 71, used the woman’s bank account to write and cash $693,990 worth of checks, state Attorney General Gurbir S. Grewal said Friday.
Cahill also used the account to pay his daughter, his wife, and various others more than $300,000 to provide unexplained services to the woman, the attorney general said.
Cahill had been granted power of attorney for the victim,…
Morgan Stanley Cutting Jobs Due To Uncertain Global Environment, Report Says
Wall Street giant Morgan Stanley will be cutting hundreds of jobs due to an “uncertain global economic outlook,” according to a new report.
Morgan Stanley will be cutting approximately 1,500 jobs - roughly 2 percent of its workforce - impacting employees in technology, operations, sales trading, and research. The New York-based bank currently employees more than 60,000 people.
According to CNBC, in October, Morgan Stanley posted third-quarter profit and revenue figures that beat analysts’ expectations. The company produced $10.1 billion in revenue, exceeding analysts’ estimates by appr…
Westchester's Kristin Kiley, Morgan Stanley Executive, Dies At 46
A Morgan Stanley executive and wife, mother, daughter and sister in Westchester died on Tuesday, Jan. 29 after battling leukemia.
Kristin Kiley of Bronxville was 46.
She was the wife of John R. Kiley, mother of Ryan, daughter of Joseph and Nancy Gallagher, sister of Kara Gallagher, and adored stepmother of Ashley, Lauren and John.
Kristin was a graduate of Loyola College in Maryland and went on to become Executive IT Recruiter for Morgan Stanley up until the time of her death.
Kristin lived life with the utmost grace and positivity. She looked at each day with gratitude a…
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