Great Neck Resident Among 5 Businessmen Busted In $673M Money Laundering Scheme: Feds
Five businessmen, including one from Long Island, laundered millions of dollars a day in cash through fronts they set up in New York City’s Diamond District, federal authorities charged.
Federal agents tied the quintet to $673 million in dirty money laundered through illicit operations over the past four years, US Attorney for New Jersey Philip R. Sellinger said.
In exchange, Youssef Janfar, aka “Joe Rodeo,” age 57, of Great Neck, and Edison, New Jersey residents Raj Vaidya, age 26; Rakesh Vaidya, age 51; Shrey Vaidya, age 23; and Neel Patel, 26, collected sizable fees, he said.
Janfar pur…
Diamond District Operators From NJ, Long Island Busted In $673M Money Laundering Scheme: Feds
Four businessmen from New Jersey and one from Long Island laundered millions of dollars a day in cash through fronts they set up in New York City’s Diamond District, federal authorities charged.
Federal agents tied the quintet to $673 million in dirty money laundered through the illicit operations over the past four years, U.S. Attorney for New Jersey Philip R. Sellinger said.
In exchange, Raj Vaidya, 26; Rakesh Vaidya, 51; Shrey Vaidya, 23; and Neel Patel, 26, all of Edison; and Youssef Janfar, aka “Joe Rodeo,” 57, of Great Neck, NY collected sizable fees, he said.
The three Vaidyas and P…
Ex-Mass Police Union Chief Gets 2.5 Years In Prison After Fraud Conviction: Feds
The former president of the State Police Association of Massachusetts and the group's ex-lobbyist were sentenced Wednesday, May 10, after they were convicted on charges that they turned the union into a "criminal enterprise" that defrauded its members, authorities said.
Dana A. Pullman, 60, of Worcester — the former president of SPAM — was sentenced to 30 months behind bars and three years of probation, the US Attorney for Massachusetts said. Anne M. Lynch, 71, of Huff, the union's lobbyist, received two years in prison and two years of supervised release, the prosecutor add…
$1M Fraud: CT Business Owner Gets Prison Time
A Massachusetts business owner from northern Connecticut will spend time in prison for tax fraud after failing to report just under $1 million in income for several years, federal officials said.
Windham County resident Mariusz Kalinowski, age 48, of Woodstock, was sentenced to seven months in prison on Wednesday, April 26 for tax fraud, according to the US Attorney's Office for the District of Connecticut.
According to federal officials, Kalinowski is the owner of Webster, Massachusetts-based Kalinowski General Construction, Inc., in Worcester County, which provides&n…
Westport Investment Advisor Gets Jail Time: Did Not Report $1.4M To IRS, Feds Say
An investment advisor from Fairfield County will spend time in prison after failing to report more than $1.4 million in income to the IRS, federal officials said.
Westport resident Thomas Pacilio, age 64, was sentenced on Thursday, April 13 to six months in prison for omitting around $1,476,425 in profits in income tax returns between 2015 and 2018, according to the US Attorney's Office for the District of Connecticut.
Earlier Report - Westport Investment Advisor Failed To Report $1.4M In Profits To IRS, Feds Say
According to federal officials, in 2011, Pacilio a…
