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SEC

'Cybercriminal, Cheat' Russian Hacker Guilty Of Boston Stock Conspiracy: Feds 'Cybercriminal, Cheat' Russian Hacker Guilty Of Boston Stock Conspiracy: Feds
'Cybercriminal, Cheat' Russian Hacker Guilty Of Boston Stock Conspiracy: Feds A Russian businessman was convicted this week of an elaborate conspiracy where he and several others hacked into a computer system located in Boston to steal yet-to-released earnings reports from hundreds of companies and used the information to buy stocks, authorities said. They made nearly $100 million in this scheme, officials added.  Vladislav Klyushin, age 42, of Moscow, was found guilty on Tuesday, Feb. 14, on all charges, including wire fraud and securities fraud, following a 10-day trial in Boston, the US Attorney for Massachusetts said. He faces up to 30 years in federal prison.  …
Former Paramus Catholic Football Star Dead In Crash Hours After Bulldogs Championship Parade Former Paramus Catholic Football Star Dead In Crash Hours After Bulldogs Championship Parade
Former Paramus Catholic Football Star Dead In Crash Hours After Bulldogs Championship Parade Devin Willock spent Saturday, Jan. 14 riding around on emergency service vehicles and celebrating the University of Georgia Bulldogs' 2023 college football championship win in the parade in Athens, GA. Less than 18 hours later, he was dead. View this post on Instagram A post shared by Georgia Fan (@georgiasportscontent) The 20-year-old former Paramus Catholic football player (Class of 2020) was a passenger in a 2021 Ford Expedition heading south on a street in Athens when it left the roadway and hit two poles and several trees around 2:45 a.m…
Hundreds Of Thousands Raised For Long Island Basketball Player After Fire Hundreds Of Thousands Raised For Long Island Basketball Player After Fire
Hundreds Of Thousands Raised For Long Island Basketball Player After Fire Friends, family, and fans of a popular D-1 college basketball player whose family’s New York home and belongings were destroyed by a fast-moving fire. On Saturday, Feb. 26, a fire tore through the Queens home Zakai Zeigler, a prominent guard playing in the SEC for the Tennessee Volunteers who grew up on Long Island, in Wyandanch in Suffolk County. In the fire, Zeigler’s mother, who is raising her special-needs 4-year-old nephew, lost all of her belongings, including accessibility equipment for the child, including wheelchairs and splints. In response, Zeigler set up a GoFundMe page for his…
COVID-19 Sports Updates: Delayed Pro Baseball, Hockey, ‘March Madness’ Cancelled COVID-19 Sports Updates: Delayed Pro Baseball, Hockey, ‘March Madness’ Cancelled
Covid-19 Sports Updates: Delayed Pro Baseball, Hockey, ‘March Madness’ Cancelled Those who believed the dominoes would fall quickly throughout the sports world once the NBA decided to suspend its regular season because of the coronavirus were right. In quick succession Thursday: The NHL suspended its 2019-2020 season, effective immediately, with Commissioner Gary Bettman saying games would resume “as soon as it is appropriate and prudent.” He couldn’t say for sure whether it would affect the Stanley Cup playoffs; The NCAA, which first announced Wednesday that its “March Madness” tournament games would be held without fans, cancelled the men’s and women’s games alt…
Ex-Broker-Dealer CEO From Long Island Charged With Lying To Feds Ex-Broker-Dealer CEO From Long Island Charged With Lying To Feds
Ex-Broker-Dealer CEO From Long Island Charged With Lying To Feds The former CEO and an employee of a broker-dealer firm were arrested this week and charged with allegedly cooking the books and submitting false reports to the SEC. Long Beach resident Alan Seidel, 73, the former CEO of Seidel & Co. LLC, and New Jersey resident Benjamin Mekaway, 37, were arrested on Monday, Dec. 23, U.S. Attorney Geoffrey Berman announced. They were charged with falsifying the books of the company and submitting false reports to the SEC regarding the company’s net capital and staff. Berman said that the two falsified the financial records of the company to obscure the …
Stamford Man Sentenced For $2M Investment Scheme Stamford Man Sentenced For $2M Investment Scheme
Stamford Man Sentenced For $2M Investment Scheme The former CEO of a Fairfield County business has been sentenced to nearly a decade in prison after being convicted of defrauding investors of more than $2 million, including several women he met on an online dating website. Stamford resident Thomas Connerton, the founder, president, and CEO of Safety Technologies, LLC, which operated out of Westport, Stamford, Madison, and Simsbury, was found guilty in federal court for his role in a $2 million investment scheme. On Thursday, Dec. 19, Connerton was sentenced to 108 months in prison, followed by three years of supervised release for hi…
Hedge Fund Billionaire Takes Steps To Purchase New York Mets Hedge Fund Billionaire Takes Steps To Purchase New York Mets
Hedge Fund Billionaire Takes Steps To Purchase New York Mets Many New York Mets fans may have their wishes granted as Greenwich hedge fund billionaire Steve Cohen, a Long Island native, is taking steps to purchase the majority of the team from the Wilpon family. Sterling Partners, the Wilpon’s family business, has reportedly entered talks to sell up to 80 percent of its shares of the Major League baseball team to Cohen, who is already an investor in the club. If completed, the transaction would value the franchise at approximately $2.6 billion. Under the proposed agreement, Fred Wilpon would remain as CEO for five more years, and Jeff Wilpon will con…
2019 NFL Draft: Jacksonville Jaguars Select Montclair's Josh Allen 2019 NFL Draft: Jacksonville Jaguars Select Montclair's Josh Allen
2019 NFL Draft: Jacksonville Jaguars Select Montclair's Josh Allen The Jacksonville Jaguars have selected Montclair's Josh Allen with the No. 7 overall pick in the 2019 NFL Draft.  The University of Kentucky defender has a "tireless motor" and was one of the best pass rushers and defenders in the SEC last season, BigCatCountry.com reports. Allen played one year of football at Montclair High School (his senior year having transferred from a small school in Alabama) and went on to play at Kentucky. He was a two-star recruit out of high school but was a top pick in the 2019 NFL draft. Click here for more from Jaguars.com on Allen.
Westport Man Admits To Investment Fraud Scheme, Lying To SEC Westport Man Admits To Investment Fraud Scheme, Lying To SEC
Westport Man Admits To Investment Fraud Scheme, Lying To SEC A 72-year-old man from the area has admitted to lying to the FBI and SEC while misrepresenting the worth of his businesses for several years. Westport resident Barton Stuck, who controlled the business entities of Signal Lake, a venture capital company that invests in technology companies - has pleaded guilty to multiple offenses related to an investment fraud scheme. Stuck admitted to committing fraud in 2015 and 2016 by misrepresenting the financial health and prospects of the Signal Lake entities and their investments to benefit himself personally. In one instance, he told an undercover…
Ex-Fairfield County CEO Man Guilty Of Defrauding More Than $2M From Investors Ex-Fairfield County CEO Man Guilty Of Defrauding More Than $2M From Investors
Ex-Fairfield County CEO Man Guilty Of Defrauding More Than $2M From Investors The former CEO of a Fairfield County business has been found guilty of defrauding investors of more than $2 million, including several women he met on an online dating website. Stamford resident Thomas Connerton, the founder, president and CEO of Safety Technologies, LLC, which operated out of Westport, Stamford, Madison and Simsbury, has been found guilty in federal court for his role in the investment scheme. John Durham, the United States Attorney for the District of Connecticut, said that Safety Technologies was founded in 2006, with the purpose of developing and commercializing what wa…
Market Manipulator Admits Multi-Million-Dollar Scheme With Clifton Trader Market Manipulator Admits Multi-Million-Dollar Scheme With Clifton Trader
Market Manipulator Admits Multi-Million-Dollar Scheme With Clifton Trader CLIFTON, N.J. -- A Long Island man admitted Tuesday that he netted millions in illegal profits in a market manipulation scheme aided by a Clifton securities trader. Pleading guilty in federal court in Newark to securities and tax fraud conspiracy, 40-year-old Shaun Greenwald said that he, Joseph Taub, 38, and others coordinated trading in dozens of brokerage accounts that they secretly controlled from 2014 through 2016 to manipulate securities prices. Straw accounts were created in their names, the names of their family members, and the names of entities they controlled, Greenwald admitted…
Ex-Ramapo Attorney Troodler Receives Probation Ex-Ramapo Attorney Troodler Receives Probation
Ex-Ramapo Attorney Troodler Receives Probation Disbarred Ramapo attorney Aaron Troodler was handed a sentence of 18 months of supervised release and a $20,000 fine Tuesday in exchange for his testimony against former Ramapo Supervisor Christopher St. Lawrence. U.S. District Court Judge Cathy Seibel, who imposed the sentence early in the morning, also ruled the former town attorney must pay at least $15,000 of the fine up front, then $550 a month until the debt is paid. Troodler, who now lives in Pennsylvania and cares for his children, apologized for his part in the fraud case, in which St. Lawerence was found guilty of 20 counts of sec…