Woman Who Managed Insurance Brokerage Sentenced For Defrauding 1,100 Customers Of $415K
The former manager of an area insurance brokerage will spend years behind bars for defrauding more than 1,100 customers.
Flushing resident Nancy Credidio, the former manager of a car insurance brokerage, was sentenced to 33 months in prison for defrauding more than 1,100 victims customers out of more than $415,000.
Specifically, Credidio pleaded guilty to conspiracy to commit wire and mail fraud.
According to U.S. Attorney Geoffrey Berman, “in order to legally drive a car in New York State, the car must be covered by an insurance policy. From 2010 through 2017, Credidio was a manage…
Stamford Man Sentenced For $2M Investment Scheme
The former CEO of a Fairfield County business has been sentenced to nearly a decade in prison after being convicted of defrauding investors of more than $2 million, including several women he met on an online dating website.
Stamford resident Thomas Connerton, the founder, president, and CEO of Safety Technologies, LLC, which operated out of Westport, Stamford, Madison, and Simsbury, was found guilty in federal court for his role in a $2 million investment scheme.
On Thursday, Dec. 19, Connerton was sentenced to 108 months in prison, followed by three years of supervised release for hi…
Feds: Morris County Assisted Living Manager Who Stole $237K From Elderly Patient Sentenced
The business manager of a Morris County assisted living facility who admit to stealing $237,000 from an elderly patient and used it to buy fine clothing, jewelry, cars and more was sentenced to prison Tuesday, authorities said.
Marcella Drakeford, 46, most recently of Fort Pierce, Fla., was sentenced to 27 months in prison, U.S. Attorney Craig Carpenito said.
Drakeford -- formerly of Hackensack and Englewood -- got limited access to the victim’s checking account after agreeing in December 2016 to manage her financial affairs and pay for her care, the U.S. attorney said.
What neither t…
Father, Son Sentenced For Making Fraudulent Titanium Sales To CT Defense Subcontractor
A father and son team have been sentenced after admitting to fraudulently selling titanium to a Connecticut defense subcontractor in Bridgeport federal court.
John J. Palie, Jr., 64, of Tiverton, Rhode Island was sentenced to 10 months in prison and two years of supervised release, and his son, John J. Palie III, 43, of Plymouth, Massachusetts was sentenced to six months in prison followed by two years of supervised release. Palie Jr. must also pay a $10,000 fine.
The two pleaded guilty in June last year to two counts of mail fraud.
John Palie, Jr. is the owner and CEO of A&P Alloys, I…
