Owner, CEO Of Manhattan Investment Fund Among Trio Indicted For $1.8B Ponzi-Like Scheme
A man who was the head of a Manhattan investment fund was arrested on Thursday and is facing securities fraud charges for his role in an alleged $1.8 billion Ponzi-like scheme that saw his company paying clients with their own money.
Long Island resident David Gentile, age 54, of Manhasset, the founder, owner, and CEO of GPB Capital Holdings, was charged with two others for scheming to defraud investors by misrepresenting the source of funds used to make monthly distribution payments to them, federal officials said.
Specifically, the three were charged with securities and wire fraud, …
Covid-19 Claims First Hollywood Celeb: Tom Hanks, Wife Rita Wilson Test Positive
Tom Hanks tweeted Wednesday night that both he and his wife, Rita Wilson, tested positive for the coronavirus.
The couple, both 63, are in Queensland, Australia filming an Elvis Presley biography in which Hanks portrays Col. Tom Parker, "The King" of rock and roll's infamous manager.
"We felt a bit tired, like we had colds, and some body aches," Hanks's post says. "Rita had some chills that came and went. Slight fevers too. "To play things right, as is needed in the world right now, we were tested for the Coronavirus, and were found to be positive.
"Well, now. What to do next? The Medical…
Incest Case: Arrangements Announced For Three Murdered Family Members
Click here for earlier story: Double Homicide Linked to Incest, Infant's Murder
Memorial services have been announced for the father and adopted daughter from Dutchess County and the daughter's infant son who were killed on Thursday, April 12 in New Milford, Conn., and in North Carolina in a triple-murder suicide in a case linked to incest.
Anthony Charles Fusco, 56, of Wingdale was a beloved community member in Dover. Katie Rose Fusco Pladl, 20, was the adopted daughter of Anthony Fusco and Kelly Anne Fusco. Bennett Kieron Pladl, who was 7 months old, was the son of Katie Pladl.
Calling…
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Daily Voice