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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…
Trio From Area Nabbed In FBI Sting For Running $6M Unlicensed Money Transmitting Scheme In Area
Three area residents have been arrested and charged for running a multi-million dollar scheme to operate an unlicensed money transmitting businesses to launder money derived from illegal activities.
Rockland residents Chaskel Landau, 45, of Spring Valley, Alter Landau, 64, of Spring Valley, and Joseph Neumann, 78, of Monsey, were arrested this week, U.S. Attorney Geoffrey Berman announced. The three were tied to an elaborate scheme to transmit approximately $6 million.
The three were arrested following an FBI sting operation.
It is alleged that between September 2014 and August 2016, the t…
