Saturday, October 5, 2024

D.A. Bragg: Check Fraud Ring Indicted For Stealing $1.2M From Bazooka Companies, Maker Of Classic Bubble Gum

 

Manhattan District Attorney Alvin L. Bragg, Jr., announced the indictment of KASHAWN WILLIAMS, 31, for intercepting a $1.2 million check intended for The Bazooka Companies Inc. (“Bazooka”) and, alongside co-conspirators ADREAN JACOBS, 41, RONALD FRANKLIN, 49, JOSE GUTIERREZ, 25, AKHEIM WATTS, 30, and KIEARRA REYNOLDS, 35, laundering those stolen funds for personal use. The defendants are charged in a New York State Supreme Court indictment with Conspiracy in the Fourth Degree, Money Laundering in the First Degree, and Criminal Possession of Stolen Property in the First Degree, as well as various counts of Criminal Possession of Stolen Property in the Second Degree and Money Laundering in the Second and/or Third Degree. WILLIAMS is additionally charged with Grand Larceny in the First Degree and Identity Theft in the First Degree.[1]

“As alleged, this group stole more than a million dollars by intercepting a check, creating a fraudulent corporate business account, and laundering the money for personal gain,” said District Attorney Bragg. “Despite the decline in the use of paper checks, check fraud is on the rise. We urge New Yorkers and businesses alike to use secure electronic payment methods whenever possible to protect themselves from fraud.”

According to court documents and statements made on the record in court, in October 2022, WILLIAMS intercepted a $1,243,345.36 check mailed by a Texas-based company to a Manhattan address formerly associated with Bazooka, the creators of the Bazooka brand of bubble gum. On October 21, 2022, WILLIAMS incorporated a fictitious entity – The Bazooka Companies 1 Inc. (“Bazooka 1”) – to serve as a conduit for the stolen proceeds. Three days later, WILLIAMS opened a corporate bank account for Bazooka 1 and deposited the stolen check.

Over the course of the next two weeks, WILLIAMS issued checks from the Bazooka 1 account to JACOBS, WATTS, GUTIERREZ, and REYNOLDS, listing fake reasons for the checks on their memo lines, such as “Renovations,” “Business Loan,” and “Packaging Preorder.” The defendants then deposited these checks into their personal bank accounts and made large cash withdrawals.

WILLIAMS personally withdrew more than $102,600 in cash from the Bazooka 1 account between November 4, 2022, and November 14, 2022. He also transferred $250,000 from the Bazooka 1 corporate account to his personal Chase account, before laundering it by moving the majority to a personal Capital One account, where he proceeded to withdraw more than $159,000 in cash.

Additionally, the defendants laundered more than $57,000 through cashier’s checks remitted to FRANKLIN. FRANKLIN negotiated for a series of cashier’s checks from the defendants in November 2022, including $32,000 of cashier checks from WILLIAMS through the Bazooka 1 corporate account, and a $25,000 check from JACOBS’ personal account. The investigation into the check fraud ring is ongoing.

The investigation was jointly conducted with Assistant D.A. Andrew Mercer under the supervision of Assistant D.A. Christopher Prevost (Deputy Chief of the Trial Division). Rosalind October (Director of the Financial Intelligence Unit), Padraig Friel (Major Case Analyst), Tattnall Holt (Investigative Analyst), Rohaan Vaswani (Investigative Analyst), Kayla Hayman (Paralegal), Christian Bethea (Paralegal), and Investigators David Caban and Justin Reid all provided valuable assistance with the investigation.

[1] The charges contained in the indictment are merely allegations, and the defendants are presumed innocent unless and until proven guilty. All factual recitations are derived from documents filed in court and statements made on the record in court.

FIVE INDICTED FOR SELLING NARCOTICS IN ASTORIA HOUSES

 

Queens District Attorney Melinda Katz announced that five defendants have been variously indicted on conspiracy, criminal sale of a controlled substance and gun sale charges following an 18-month long undercover operation that resulted in the seizure of more than 750 Percocet and ecstasy pills – most laced with either fentanyl or methamphetamine – and a large quantity of cocaine. The narcotics were allegedly sold by the defendants at the New York City Housing Authority’s Astoria Houses complex, where they all lived, including a NYCHA employee who worked at the Latimer Gardens Housing Complex. The total amount of narcotics confiscated had a street value of approximately $15,000.

District Attorney Katz said, “These five defendants are accused of callously selling poison and at least one firearm out of a city-owned housing complex that is home to young children and families. Thank you to our partners at the NYPD — including the brave undercover officers – and the city Department of Investigation as well as members of my Major Economic Crimes Bureau for their hard work on this case.”

DOI Commissioner Jocelyn E. Strauber said, “These five defendants, including one NYCHA employee, trafficked narcotics in NYCHA’s Astoria Houses, where they lived, jeopardizing the safety of this residential community, according to the charges.  I thank the Queens County District Attorney’s Office and the NYPD for their partnership and commitment to keep public housing free from dangerous criminal conduct.”

Four of the defendants were arraigned on a 40-count indictment variously charging them with conspiracy in the second and fourth degrees, criminal sale of a controlled substance in the first, second, third and fifth degrees, criminal sale of a firearm in the third degree and falsifying business records in the first degree. (See Addendum)

Supreme Court Justice Karen Gopee ordered the defendants to return to court on November 7, 2024.

One defendant has not been apprehended.

According to the charges and investigation:

  • In March 2023, the NYPD Queens North Narcotics team began a narcotics investigation at the Astoria Houses complex involving multiple subjects.
  • A total of 30 buys, carried out by undercover NYPD officers over the course of 18 months, led to the purchase of 103 Percocet pills, most of which contained fentanyl; 649 ecstasy pills, most containing methamphetamine; and about 300 grams of cocaine. One of the buys took place in the Ravenswood Houses.
  • One defendant also allegedly sold an illegal firearm to an undercover officer.
  • The investigation further revealed that one of the defendants, I-Kym Jackson, sold narcotics to an undercover while working as a NYCHA employee. He is separately charged with falsifying business records in the first degree for submitting a false timesheet to NYCHA.
  • On Wednesday, law enforcement officials carried out court-authorized search and arrest warrants, secured by the District Attorney’s office, at four separate apartments inside the Astoria Houses.
  • The search resulted in the arrest of the four defendants as well as the seizure of a quantity of heroin and drug paraphernalia including scales with drug residue.

The investigation was conducted by members of the NYPD Queens North Narcotics including Detective Jeffrey Adaszewski under the supervision of Lieutenant David Rodriguez, Captain Kenneth Braumann, and Deputy Chief Robert Gallitelli. Assistant Inspector General Enio Bencosme of the New York City Department of Investigation provided crucial assistance.

The case is being prosecuted by Assistant District Attorney Candice Smith of the District Attorney’s Major Economic Crimes Bureau under the supervision of Assistant District Attorneys Kieran Linehan, Supervisor in the Major Narcotics Unit, Mary Lowenburg, Bureau Chief, Catherine C. Kane, Senior Deputy Bureau Chief, and Jonathan Scharf, Deputy Bureau Chief, and under the overall supervision of Executive Assistant District Attorney for Investigations Gerard Brave.

ADDENDUM

Darryl Sanford, 40, of Astoria was arraigned on an indictment charging him with conspiracy in the fourth degree and multiple counts of criminal sale of a controlled substance in the second, third and fifth degrees. Sanford was also charged in a criminal complaint with criminal sale of a controlled substance in the first degree, criminal possession of a controlled substance in the seventh degree, criminally using drug paraphernalia in the second degree and criminal possession of a weapon in the fourth degree. If convicted of the top count, Sanford faces a potential maximum sentence of 20 years in prison.

Andre Smith, 43, of Astoria was arraigned on an indictment charging him with conspiracy in the second degree, criminal sale of a controlled substance in the first degree and criminal sale of a controlled substance in the second degree. Smith faces a potential maximum sentence of 20 years in prison.

I-Kym Jackson, 31, of Astoria was arraigned on an indictment charging him with conspiracy in the fourth degree; multiple counts of criminal sale of a controlled substance in the second and third degrees; and falsifying business records in the first degree. If convicted of the top count, Jackson faces a potential maximum sentence of 10 years in prison.

 Jamar Howard, 38, of Astoria was arraigned on an indictment charging him with conspiracy in the fourth degree; multiple counts of criminal sale of a controlled substance in the second, third and fifth degrees. Howard was also charged in a criminal complaint with criminal possession of a controlled substance in the third degree and seventh degrees and criminally using drug paraphernalia in the second degree. If convicted of the top count. If convicted of the top count, Howard faces a potential maximum sentence of 10 years in prison.

**Criminal complaints and indictments are accusations. A defendant is presumed innocent until proven guilty.

The NYC Hispanic Chamber Of Commerce in partnership with US Hispanic Chamber of Commerce, Wells Fargo, & Avanzar for our Finance webinars

 


DEC Announces "Fall Foliage" Theme for Two Photo Contests

 

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Accepting Photo Submissions for Instagram and Conservationist Magazine Contests

Love Our New York Lands September Photo Contest Winners Announced

New York State Department of Environmental Conservation (DEC) Interim Commissioner Sean Mahar announced the return of DEC’s 3rd annual Fall Foliage Photo Contests. The two photo contests are a popular way for New Yorkers and visitors to show off the incredible array of fall foliage throughout New York State during the month of October.

“New Yorks’ fall foliage provides some of the best views in the world, and we encourage folks to get outside to capture the magic of fall while recreating responsibly on State lands and then enter one of DEC’s two photo contests to share their photos with other New Yorkers who love the outdoors,” Interim Commissioner Sean Mahar said. “Congratulations to the previous winners of our September Summit Love Our New York Lands photo contest and all the submissions that helped showcase the diverse, accessible, and top-notch vistas throughout the state.”

DEC is asking New Yorkers to share their favorite and most creative fall foliage shots showcasing New York State. Photos should be submitted to social@dec.ny.gov with the subject line “Fall Foliage Photo Contest” or “Conservationist Magazine Photo Contest.” Participants are advised to attach one photo per email entry and include the location the photo was taken (can be general and not specific). Pictures must be of a location in New York State.

Fall Foliage Instagram Contest
DEC will share submissions on Instagram throughout the month. On four consecutive Fridays (Oct. 11, Oct. 18, Oct. 25, and Nov. 1), DEC will announce three winners for each week. Each winner will receive a $100 gift card to a sporting goods store, a free year subscription to Conservationist magazine, a copy of DEC’s New York State Wildlife Viewing Guide, a DEC reusable bag, and other swag.


During the week of Nov. 4 -8, DEC will hold an Instagram story bracket featuring all 12 winners, and followers will have the opportunity to vote for a grand prize winner. In addition to the prizes mentioned, the grand prize winner will receive a 2025 Empire Pass. The Empire Pass provides unlimited day-use vehicle entry to most facilities operated by DEC and New York State Parks including forests, beaches, trails, and more.

Conservationist Magazine Photo Contest

Photos must be a minimum of 8.5”x10.75” and 300dpi to be considered. The winning photo will be featured in the October/November 2025 issue of DEC’s Conservationist magazine.

The two photo contests support Governor Kathy Hochul's “Get Offline, Get Outside” initiative, which was launched to encourage New York’s kids and families to enjoy recreation and outdoor social gatherings by putting their mental and physical health first.

Love Our New York Lands

DEC encourages New Yorkers to join the State’s ongoing efforts to protect lands and resources for generations to come by minimizing impacts, carrying out what they carry in, and encouraging others to care for our shared lands, as well. 

New Yorkers can take action to give back:        

The Love Our New York Lands campaign, launched in 2020 by DEC and State Office of Parks, Recreation and Historic Preservation, encourages all users of State-owned lands to recognize that these lands are shared by ALL of us, our families, and our neighbors, and we all need to take care of them. The campaign includes guidance on Leave No Trace™ principles so that visitors can do their part to help ensure these special places are protected for future generations. Love Our New York Lands encourages visitors to be respectful of other visitors in these shared spaces. Visitors are asked to share trails, treat people with kindness, and leave things as they found for others to enjoy. Visitors are encouraged to think of themselves as responsible for helping protect these irreplaceable destinations for future generations. More information is available on DEC’s website.

New York State has many wonderful opportunities to get outside and enjoy activities year-round, including birding and wildlife viewing; warm-weather adventures like swimming, biking, and horseback riding; cold-weather pursuits such as skiing, snowshoeing, and snowmobiling; and even more challenging adventures like geocaching or rock and ice climbing.

September Photo Contest Winners

DEC received many entries during the “Summit September” photo contest to help increase awareness of principles and guidelines that encourage safe, accessible, respectful, and sustainable use of public lands heading into the fall season. 

The five winning entries were submitted by:

Jay Berkman – Summit of St. Regis Mountain

Ronni Bucklan – Catskills

Alivia DeLane – Fish Hawk Cliffs

Kathy Woughter – Whiteface Veterans Memorial Highway

Kathy Woughter – Mount Skylight

View the winning photos on DEC’s Flickr page.

Friday, October 4, 2024

Campaign Treasurer for Candidate for Brooklyn Borough President Charged with Scheme to Defraud New York City's Campaign Finance Board

 

Defendant Used Straw Donors and Submitted Forged Documents to Attempt to Steal $400,000 in Matching Funds From New York City

In federal court in Brooklyn, Erlene King was charged with wire fraud in connection with her attempt to steal funds from New York City’s Campaign Finance Board (CFB).

Breon Peace, United States Attorney for the Eastern District of New York and James E. Dennehy, Assistant Director in Charge, Federal Bureau of Investigation, New York Field Office (FBI) announced the charge.

Mr. Peace expressed his appreciation to the New York City CFB for its cooperation and assistance during the investigation.

CFB Overview

The CFB oversees and administers a publicly funded campaign finance system in connection with municipal elections in New York City.  This includes a “matching funds program” that provides eligible candidates with public funds based on the number and amount of certain donor contributions. According to the CFB, the program “empowers New Yorkers in every neighborhood to make their voices heard in city elections” and “by encouraging candidates to raise small-dollar contributions from average New Yorkers, the program increases engagement between voters and those who seek to represent them.”

Candidates running for the Office of the Brooklyn Borough President in the 2021 election cycle were eligible to participate in the CFB’s matching funds program if they met certain criteria.  Among other things, to be eligible to receive public funds, candidates were required to meet a two-part fundraising threshold. Specifically, a candidate had to collect a minimum number of donations and raise a minimum amount of money from New York City residents before the CFB paid any matching funds.

For candidates who ran for the Office of the Brooklyn Borough President during the 2021 election cycle, candidates received up to $8 in matching funds for each $1 of eligible contributions, up to $175 per contributor.  In other words, if a candidate received an eligible contribution of $175, a candidate for the Office of the Brooklyn Borough President could collect up to $1,400 in matching funds.  In total, the matching funds program provided up to $1,457,777 in public matching funds to a candidate for the Office of the Brooklyn Borough President.  Because campaigns for Brooklyn Borough President during the 2021 election cycle needed to raise at least $50,000 in eligible contributions to receive any matching funds, any candidate who was eligible to receive matching funds necessarily received at least $400,000 in matching funds from the CFB.

The Scheme

As alleged in court documents, King served as the campaign treasurer for a candidate who ran in a primary for the Office of the Brooklyn Borough President during the 2021 election cycle (Candidate #1).  King obtained fraudulent donations for the purpose of inducing the CFB to provide matching funds to the campaign.  A number of those contributions, which were obtained at King’s direction, were fraudulent nominee contributions made in the names of individuals who either did not personally fund the contributions or were later reimbursed for their contributions (i.e., straw donors).  For example, King used CashApp to send money to intermediaries and instructed them to distribute the money to fund contributions from straw donors to Candidate #1.  Other fraudulent contributions were made in the names of individuals whose identities were stolen and who had not personally contributed to Candidate #1.  The CFB ultimately determined that the campaign submitted fictitious records and did not pay any public matching funds to the campaign.

The charges in the information are merely allegations, and the defendant is presumed innocent unless and until proven guilty.  If convicted, the defendant faces up to 20 years in prison.

Three Former Memphis, Tennessee, Police Officers Convicted of Federal Felonies Related to Death of Tyre Nichols

 

Following a trial that lasted nearly four weeks, a federal jury in Memphis, Tennessee, found three former Memphis Police Department (MPD) officers guilty of federal felonies related to the death of Tyre Nichols on Jan. 7, 2023.

“All three former Memphis Police Department officers were convicted of federal felonies for their role in Tyre Nichols’ death,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “They join two additional former officers who had already pled guilty.  With these convictions, all five of the former officers involved in the death of Mr. Nichols have been convicted of federal felonies. Tyre Nichols should be alive today. We extend our condolences to the family and loved ones of Mr. Nichols. We hope this prosecution provides some measure of comfort as the law enforcement officers tied to his death have been held accountable. We thank the trial team for their extraordinary dedication to prosecuting this case, and we thank the jury for their service. We will never rest in our ongoing efforts to ensure that law enforcement officers are held accountable for violating people’s civil and constitutional rights.”

“A basic principle for our system of justice is that there is — and there only can be — one rule of law,” said Acting U.S. Attorney Reagan Fondren for the Western District of Tennessee. “Law enforcement officers must be held to the same rules as the citizens they’re sworn to protect. More than a year ago, this office made a commitment to following the truth where it led in this case. Thanks to our trial team who worked tirelessly over the past 21 months to ensure that this case was properly investigated and tried and to the men and women in the jury for their service. The defendants have been found guilty of serious federal felonies and face significant penalties for those actions.”

Former MPD Officer Demetrius Haley was found to have deprived Nichols of his constitutional right to be free from an officer’s unreasonable force when he, and two other former MPD officers, Emmitt Martin III and Desmond Mills Jr., unlawfully assaulted Nichols and willfully failed to intervene to stop his co-defendants from using unreasonable force. The jury found that Haley’s conduct resulted in bodily injury to Nichols. The jury also found that Haley deprived Nichols of his constitutional right to be free from a police officer’s deliberate indifference to his serious medical needs resulting in bodily injury to Nichols. Defendants Emmitt Martin and Desmond Mills, Jr. previously pleaded guilty of using unreasonable force against Nichols, resulting in his death. The jury also convicted Haley of conspiring to commit witness tampering.

The jury also convicted Haley and former MPD officers Tadarrius Bean and Justin Smith for their effort to cover up the use of excessive force against Nichols by omitting material information and providing misleading and false statements to their MPD supervising lieutenant and an MPD detective who was tasked with writing the report documenting this incident.

Evidence presented at the trial established that, on Jan. 7, 2023, defendant Haley assaulted Nichols after a traffic stop. Martin initiated the traffic stop, and Haley and another MPD officer subsequently arrived at the stop. When Nichols was on the ground, Haley pepper-sprayed Nichols and another officer tried to tase him, at which point Nichols fled the area.

Bean and Mills responded to the location where dispatch reported that Nichols had run and saw Nichols walking down the street. Nichols ran from the officers, and Bean ran after him and tackled him to the ground. When Martin arrived at the scene he immediately kicked Nichols in the head at least twice. As officers held Nichols on the ground, Mills pepper sprayed Nichols, expanded his baton and repeatedly used the baton to strike Nichols. Martin then repeatedly punched Nichols in the head and chest. Nichols went back to the ground, and, as two officers held him down, Haley ran up to the scene and kicked Nichols. Martin then kicked Nichols again.

After the assault, the officers placed Nichols in handcuffs and walked away from him, leaving him writhing on the ground. After several minutes, the officers dragged Nichols to sit against a police vehicle. Haley failed to render any medical aid to Nichols despite his visibly bloodied and swollen face.

Memphis Fire Department (MFD) first responders and EMTs arrived on the scene. Despite knowing that Nichols had been injured by the officers’ kicks, punches and baton strikes and was at substantial risk of serious harm if those injuries went untreated, Haley willfully failed to inform responding emergency medical personnel of the blows suffered by Nichols. Nichols’ condition deteriorated, and he was unable to communicate or sit upright. Nichols was eventually transported to a hospital, where he died three days later. The Chief Medical Examiner for the West Tennessee Regional Forensic Center identified the manner of death as homicide due to blunt force trauma to the head, including rotational brain injury and brain bleeding and identified additional, extensive blunt force injuries to Nichols’ neck, arms, legs and torso.

A medical emergency responder testified that had they been told that Nichols’ injuries were caused by strikes to the head, they would have significantly altered their course of care. Nichols’ treating physicians testified that patients like Nichols who suffer from traumatic brain injury require immediate care and that a delay of even a few minutes of receiving appropriate care can cause death.

After the assault, the defendants spoke to an MPD lieutenant and an MPD detective tasked with writing the report documenting this incident where they omitted material information or provided false information. Specifically, the defendants falsely claimed that Nichols actively resisted arrest; Smith falsely stated that Nichols grabbed his vest and officers’ duty belts; and Mills and Smith falsely claimed that Nichols lifted both officers in the air. Each of the defendants also willfully omitted material information, including that they had repeatedly punched Nichols, that Martin and Haley had kicked him and that he had been repeatedly struck in the head.

The evidence at trial established that MPD policy and training require officers to use reasonable force and to intervene when they see other officers using unreasonable force. The defendants’ supervising lieutenant as well as MPD officers who trained the defendants on use of force all testified that Nichols posed little or no threat to officers and that Haley’s use of force was inconsistent with MPD training and policy. Co-defendants Martin and Mills also testified at trial that at the time of the beating, they knew that Nichols did not pose a threat during the incident and that the force used by them and Haley was contrary to their training. Martin testified that MPD officers regularly inflicted a “run tax,” which refers to the use of unjustified violence to punish anyone who runs from the police.

The evidence also established that MPD policy and training require officers to provide medical care to injured arrestees and that officers are trained that they must provide truthful and complete information to first responders and other healthcare providers.

The jury found that Haley disregarded this training and willfully violated Nichols of his constitutional rights. The jury found that Haley used excessive force, failed to intervene to stop other officers’ use of unlawful force and failed to provide aid to Nichols as he suffered a medical emergency and misled medical personnel who could have rendered life-saving aid. The jury found that the defendants also lied or omitted material information about the incident to their supervising lieutenant and an MPD detective in an effort to cover up their unlawful conduct.

Sentencing dates for the three defendants are set for January 2025. Haley faces a maximum penalty of 10 years in prison for both the violations of depriving an individual of their civil rights under color of law resulting in bodily injury and for being deliberately indifferent to the known serious medical needs of a person in his custody. Haley faces a maximum penalty of 20 years in prison for the conspiracy to witness tamper and witness tampering charges. Bean and Smith each face a maximum penalty of 20 years in prison for the witness tampering charge.

Martin and Mills previously entered guilty pleas on federal charges, admitting that they each used excessive force and failed to intervene in the unlawful assault, resulting in bodily injury to and the death of Nichols, and that they conspired with their co-defendants to cover up the officers’ use of unlawful force against Nichols. A sentencing hearing for Martin is scheduled for Dec. 5 and a sentencing hearing for Mills will be scheduled at a later date.

The FBI Nashville Field Office investigated the case with the cooperation of the Tennessee Bureau of Investigation.

Founder Of Cryptocurrency Ponzi Scheme IcomTech Sentenced To 121 Months In Prison

 

Damian Williams, the United States Attorney for the Southern District of New York, announced that on October 4, 2024, U.S. District Judge Jennifer L. Rochon imposed a sentence of 121 months in prison on DAVID CARMONA, the founder of the cryptocurrency Ponzi scheme IcomTech. 

U.S. Attorney Damian Williams said: “David Carmona masterminded the IcomTech cryptocurrency Ponzi scheme, which preyed upon working-class people by promising them complete financial freedom in exchange for parting with their hard-earned money. Carmona claimed that his victims’ money would be invested in cryptocurrency trading and mining, and that profits from those activities would result in victims doubling their money within six months. In reality, IcomTech was doing no such thing. It was all a lie. And when the scheme came crashing down, Carmona’s victims were left with nothing. Carmona’s days of scamming honest people are at an end, and he now faces substantial time in prison.” 

According to the allegations in the Indictment, public court filings, and statements made in public court proceedings:

CARMONA started IcomTech in approximately 2018 with other co-conspirators. IcomTech was a purported cryptocurrency mining and trading company that promised to earn its victim-investors (“Victims”) profits in exchange for their purchase of purported cryptocurrency-related investment products.  CARMONA and the other promoters of IcomTech falsely promised their respective Victims, among other things, that profits from the companies’ cryptocurrency trading and mining would result in guaranteed daily returns on Victims’ investments and doubling their money within six months.  In reality, IcomTech did not engage in cryptocurrency trading or mining for its Investors, and CARMONA and Icomtech’s other promoters used Victim funds to pay other Victims, to further promote the schemes, and to enrich themselves.

Icomtech promoters, including CARMONA, traveled throughout the United States and internationally where they hosted lavish expos and small community presentations aimed at luring Victims to invest in the schemes, including in the Southern District of New York. During larger-scale events, IcomTech promoters presented on purported investment products and the compensation plan, encouraged Victims to invest as a means of achieving financial freedom, and boasted about the amount of money they were earning.  IcomTech promoters often showed up at larger-scale events in expensive cars and wearing luxury clothing as a way of exhibiting their purportedly legitimate success from IcomTech.  The atmosphere of these events was festive and designed to generate excitement about the schemes.

Victims invested in IcomTech by purchasing investment products from promoters using cash, checks, wire transfers, and actual cryptocurrency.  Following a Victim’s investment, a Victim would be provided with access to an online portal where the Victim could monitor the purported returns.  While Victims saw “profits” accumulate on IcomTech’s legitimate-looking online portal, most Victims were unable to withdraw any of these so-called profits and ultimately lost their entire investments.  By contrast, IcomTech’s promoters, including CARMONA, siphoned off, in some cases, hundreds of thousands of dollars in Victim funds, which they withdrew as cash, spent on IcomTech promotional expenses, and used for personal expenditures such as luxury goods and real estate.

At least as early as August 2018, Victims who attempted to withdraw money from their online portal accounts had difficulty doing so, and when they complained to promoters, they were met with excuses, delays, and hidden fees, if they were able to make any withdrawals at all.  Despite these complaints, IcomTech promoters, including CARMONA, continued to promote IcomTech and accept Victims’ investments.  As complaints mounted, IcomTech began offering a proprietary crypto-token for sale as a means of injecting liquidity into IcomTech.  Promoters of the schemes claimed that these tokens, known as “Icoms,” would eventually be worth a significant amount of money when they were accepted by companies for payment for goods and services.  This was false.  In reality, “Icoms” were essentially worthless and resulted in further financial loss to Victims.  By in or about the end of 2019, IcomTech stopped making payments to Victims and IcomTech collapsed.

In addition to the prison term, CARMONA, 41, of Queens, New York, was sentenced to 3 years of supervised release.

Mr. Williams praised the outstanding investigative work of Special Agents from Homeland Security Investigations’ El Dorado Task Force.  Mr. Williams also thanked the Securities and Exchange Commission and the Commodity Futures Trading Commission for their assistance.

Ahead Of Anniversary of October 7 Attack on Israel, Governor Hochul Directs Flags to Half-Staff and Landmarks to be Lit Yellow in Remembrance of the Victims

The Empire State Plaza is lit yellow. 

Flags To Be Flown at Half-Staff and Landmarks To Be Lit on October 7


Governor Kathy Hochul today directed flags on State buildings to be flown at half-staff from sunrise to sunset on Monday, October 7 in mourning and honor of the victims of the attack on Israel one year ago. Additionally, the Governor directed landmarks to be illuminated in yellow in solidarity with Israel and the hostages still in captivity.

“One year after the horrific atrocities committed against the people of Israel, my heart goes out to the victims and their families,” Governor Hochul said. “New York stands with Israel — today and every day. As the home of the largest Jewish population outside of Israel, we will do everything in our power to defend against the forces of hatred and stand firmly against those who perpetuate it.”

Landmarks to be illuminated include:

  • Governor Mario M. Cuomo Bridge
  • Kosciuszko Bridge
  • The H. Carl McCall SUNY Building
  • State Education Building
  • Alfred E. Smith State Office Building
  • Empire State Plaza
  • State Fairgrounds – Main Gate & Expo Center
  • Niagara Falls
  • The “Franklin D. Roosevelt” Mid-Hudson Bridge
  • Albany International Airport Gateway
  • MTA LIRR - East End Gateway at Penn Station
  • Moynihan Train Hall
  • Walkway Over the Hudson State Historic Park
  • 1 World Trade Center

Earlier this week, Governor Hochul directed the State Police to enhance security and heighten surveillance in the wake of Iran’s bombardment of Israel. This additional security presence will protect critical infrastructure hubs, synagogues, yeshivas, mosques, community centers and other at-risk areas.