Former Sales Chief Of NY Mortgage Lender Sentenced For $8.9M Fraud Scheme
The former co-owner and executive at a New York mortgage lender has been sentenced for an $8.9 million fraud scheme, federal authorities announced.
Long Island resident Edward E. Bohm, age 44, of Smithtown, formerly the president of Sales and part-owner of mortgage lender Vanguard Funding, LLC, based in Garden City, was sentenced on Tuesday, Aug. 30 at the federal courthouse in Central Islip to two years in prison.
Bohm was also ordered to pay $3,488,615.42 in restitution and $1,500,000 in criminal forfeiture.
In February 2019, Bohm pleaded guilty to conspiring to …
Connecticut Man Charged With Multiple Child Exploitation Offenses
A Connecticut man has been charged by federal authorities with multiple child exploitation offenses.
Hartford County resident Michael Ferro, age 35, of Avon, surrendered to law enforcement on Wednesday, Sept. 29, according to Leonard C Boyle, US Attorney for the District of Connecticut.
As alleged in the complaint, on Wednesday, August 18, Ferro, using the Kik social media application, began chatting in a Kik group with an FBI covert agent who was posing as a father of a 12-year-old girl.
After Ferro determined that the fictitious father was engaged in sexual activity with his “…
