Avon Financial Adviser Admits To $3.3M Fraud Fueled By Risky Trades, Brokerage Loophole
A Connecticut investment adviser pleaded guilty to wire fraud after a trading scheme cost three financial firms more than $3.3 million, federal prosecutors said.
Andrew M. Komarow, 37, of Avon, initiated about $8.9 million in electronic transfers between October 2022 and February 2023, but he did not have the money to cover them, according to court records.
Instead, Komarow moved the money into several personal brokerage accounts, many of them newly opened, so he could exploit the time it took the firms to process and clear the transfers, prosecutors said.
That delay allowed him…
Stamford Man Convicted Of Sexually Assaulting Blind West Haven Woman During Home Invasion: DA
A Connecticut man who robbed and sexually assaulted a legally blind West Haven business owner has been convicted on all four charges in the case, prosecutors said.
Terrell Meynard, 44, was found guilty on Wednesday, Oct. 21, of a vicious Aug. 18, 2024, attack at H & M Bio Therapy on Main Street in West Haven, State’s Attorney Margaret E. Kelley announced.
The 57-year-old woman ran the massage business on the first floor and lived upstairs and was assaulted after Meynard kept ringing her doorbell. When she went to see who it was, he pushed his way inside, grabbed her neck, and …
Texas Father, Daughter Used Copier Sales In CT To Launder Fraud Money, Feds Say
A Texas father and daughter used purchases of secondhand copiers from Connecticut businesses to move fraud money to India, federal prosecutors allege.
Ketan Kamdar, 61, and his daughter, Jheel Kamdar, 30, both of Katy, Texas, were indicted in Bridgeport last month on two counts each of money laundering conspiracy, the US Attorney for the District of Connecticut said Wednesday, Oct. 21.
The charges connect Connecticut suppliers to an alleged scheme that turned fraud proceeds into payments for people in India. Prosecutors say the operation began around 2023.
The Kamdars bought the copi…
Giant, Hannaford, Food Lion, Stop & Shop Websites Back Online After Cyberattack: Company
Websites for Giant, Food Lion, Stop & Shop, Hannaford, and other major grocery chains are back online after a cyberattack disrupted services for more than a week, their parent company confirmed on Tuesday, Oct. 20.
Ahold Delhaize, the Netherlands-based grocery giant, confirmed that the cybersecurity incident first reported on Monday, Oct. 12, was caused by malicious activity within its IT infrastructure.
The company took websites, apps, and other systems offline as a precaution, affecting grocery customers across Pennsylvania, New York, New Jersey, Maryland, Virginia, Connecticut, Massa…
