'Sopranos' Actor James Gandolfini Dead At 51 | Photos | Listen Live: 1010 WINS | WCBS 880

Agape Merchant Advance

FILE - Nicholas Cosmo (right) (credit: CBS 2)

Accused Associates Of Nicholas Cosmo, Long Island’s ‘Mini-Madoff,’ Arrested

Four associates of a New York businessman convicted in a $400 million Ponzi scheme were arrested early Wednesday on charges that they pocketed nearly $38 million in commissions for their efforts in advancing the fraud, federal prosecutors said.

2012/04/25

L.I. Businessman Dubbed ‘Mini-Madoff’ Gets 25 Years

Nicholas Cosmo also was ordered to pay $179 million in restitution with money he doesn’t have.

2011/10/14

L.I. Businessman Admits $413M Ponzi Scheme

CENTRAL ISLIP, N.Y. (AP/WCBS 880) — A New York businessman has pleaded guilty to charges he orchestrated a $413 million Ponzi scheme that victimized thousands of clients. Nicholas Cosmo pleaded guilty to mail and wire […]

2010/10/29

Listen Live!