Stealing Deed From Dead Man Lands Bucks County Men Jail Time: Usdoj
Two Bucks County men were convicted on Friday, Sept. 20 of trying to steal a deed from a dead man and other financial crimes, authorities said.
Alan Kane, 59, of Jamison, and Derrell Johnson, 42, of Bensalem, were found guilty after a trial for multiple fraud schemes, said U.S. Attorney Jacqueline C. Romero in a press statement on Monday, Sept. 23.
A federal jury convicted Kane, an attorney, on two counts of bankruptcy fraud, one count of filing a false claim in a bankruptcy proceeding, and one count of making a false statement to the FBI, Romero explained.
Johnson was convicted on tw…
Dream Weddings Wrecked: Paterson's Art Factory Files For Bankruptcy, Blames Lender
Erin Fowlie and Lindsey Nadolny fell in love with the Art Factory, to put it simply.
The Matawan couple signed a contract back in March 2023 with owners David Garsia and his wife, Donata, and put down $14,000 upfront for their Oct. 18, 2024 wedding.
"They said we had access to the premises at all times," said Fowlie, 33. "They said we were family, we were this, we were that."
But earlier this month, the brides-to-be came across a news article saying that the popular Paterson wedding venue, located in a refurbished warehouse on Spruce Street, was going bankrupt.
They showed Donata the…
Mount Laurel Man Who Scammed $500K+ Sentenced In Foreign Currency, Car Loan Schemes: Feds
A Mount Laurel man will spend several years in prison after scamming hundreds of investors and car owners out of more than $500,000, authorities said.
Michael Salerno, 55, was sentenced on Monday, Aug. 26 to three years and one month in prison, U.S. Attorney for the Eastern District of Pennsylvania Jacqueline Romero said in a news release. He had pleaded guilty to three counts of wire fraud after he was indicted for schemes in September 2020 and February 2023.
Salerno operated Black Diamond Forex, L.P., BDF Trading, L.P., Advanta Capital Markets, Inc., and Advanta FX between …
LL Flooring Files For Bankruptcy, To Close 4 CT Stores, Including Norwalk
With some 300 stores nationally, the mega-floor retailer LL Flooring has filed for bankruptcy and announced it plans to close at least 90 stores, including four in Connecticut.
According to a statement from LL Flooring, the stores being closed in Connecticut include Fairfield County in Norwalk and New Haven County in Milford, North Haven, and Waterbury.
The business said the three remaining stores in Danbury, Waterford, and Harford will remain open.
Charles Tyson, president and CEO of LL Flooring, said, “After comprehensive efforts to enhance our liquidity position in a challenging ma…
