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Monsey, NY
Police & Fire
St. Lawrence Due To Start Prison Term
After two months getting his affairs in order, convicted former Ramapo town Supervisor Christopher St. Lawrence will begin life in a federal prison on Thursday. According to the U.S. Attorney's Office of the Southern District, Thursday is the official start date of his 2 1/2 years in prison for securities and wire fraud and conspiracy. St. Lawrence, of Wesley Hills, was sentenced to 30 months, which could be reduced by 54 days a year for good behavior under federal rules, was also fined $75,000. The Federal Bureau of Prisons said they cannot say where the disgraced former political powerh…
Paterson, NJ
Police & Fire
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…
Monsey, NY
News
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…