Nine From Westchester, Fairfield Counties Charged In Drug Trafficking Ring

Nine members of a family-run drug trafficking organization have been charged with narcotics conspiracy in connection to the FBI raid of a New Rochelle grocery store this week. On Thursday, members of the FBI were spotted entering the Supermercado Mexico supermarket on Union Avenue in New Rochelle at approximately 9:30 a.m. on, Oct. 11. Agents were seen taking boxes of evidence from the location and arrests have been made.

Two New Rochelle Men Among Five Indicted In A $1 Billion “Ponzi-esque” Investment Fraud

Two New Rochelle businessmen were among seven people arrested at their homes this morning and charged in connection with a massive investment fraud in an eight-count indictment unsealed this morning in federal court in Brooklyn, New York. At a press conference on Monday, United States Attorney for the Eastern District of New York Robert L. Capers called a fund operated by the men a "doomed" "sinking ship".

U.S. charges Platinum Partners founder, others with $1 billion fraud

The founder of New York-based hedge fund Platinum Partners was arrested on Monday as prosecutors unveiled an indictment charging him and six others with participating in an approximately $1 billion fraud. Mark Nordlicht, Platinum's founding partner and chief investment officer, was taken into custody at his New Rochelle, New York, home in connection with charges contained in an indictment filed in federal court in Brooklyn.

US charges hedge fund founder and others with $1 billion in fraud

The founder of New York-based hedge fund Platinum Partners was arrested on Monday as prosecutors unveiled an indictment charging him and six others with participating in an approximately $1 billion fraud. Mark Nordlicht, Platinum's founding partner and chief investment officer, was taken into custody at his New Rochelle, New York, home in connection with charges contained in an indictment filed in federal court in Brooklyn.

Founder of Hedge Fund Tied to Sprawling New York Corruption Scheme Charged in $1B Fraud

The founder of New York-based hedge fund Platinum Partners was arrested on Monday as prosecutors unveiled an indictment charging him and six others with participating in an approximately $1 billion fraud. Mark Nordlicht, Platinum's founding partner and chief investment officer, was taken into custody at his New Rochelle, New York, home in connection with charges contained in an indictment filed in federal court in Brooklyn.