Mount Laurel Man Who Scammed $500K+ Sentenced In Foreign Currency, Car Loan Schemes: Feds
A Mount Laurel man will spend several years in prison after scamming hundreds of investors and car owners out of more than $500,000, authorities said.
Michael Salerno, 55, was sentenced on Monday, Aug. 26 to three years and one month in prison, U.S. Attorney for the Eastern District of Pennsylvania Jacqueline Romero said in a news release. He had pleaded guilty to three counts of wire fraud after he was indicted for schemes in September 2020 and February 2023.
Salerno operated Black Diamond Forex, L.P., BDF Trading, L.P., Advanta Capital Markets, Inc., and Advanta FX between …
LL Flooring Files For Bankruptcy, To Close 4 CT Stores, Including Norwalk
With some 300 stores nationally, the mega-floor retailer LL Flooring has filed for bankruptcy and announced it plans to close at least 90 stores, including four in Connecticut.
According to a statement from LL Flooring, the stores being closed in Connecticut include Fairfield County in Norwalk and New Haven County in Milford, North Haven, and Waterbury.
The business said the three remaining stores in Danbury, Waterford, and Harford will remain open.
Charles Tyson, president and CEO of LL Flooring, said, “After comprehensive efforts to enhance our liquidity position in a challenging ma…
Updated List Of Scheduled Red Lobster Closures Includes 5 New NY Locations
Red Lobster plans to close more restaurants just weeks after it filed for bankruptcy, according to a new report.
In a bankruptcy petition filed on Sunday, May 19, the company listed assets of $1 billion and liabilities of $10 billion.
Days before the filing, dozens of Red Lobster locations were listed as "temporarily closed" on the company's website, including these New York locations:
Kingston,
Scarsdale,
Nanuet,
Poughkeepsie,
Stony Brook
In an updated list of closures reported by CNN on Thursday, June 6, five new locations in New York have been added to the list, including it…
Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where
Red Lobster has abruptly closed dozens of locations across the United States.
According to a Bloomberg, the fast-casual seafood restaurant has considered filing for bankruptcy.
The following locations are listed as being temporarily closed on the Red Lobster website, with some set to be auctioned off.
MD: Columbia, Laurel, Silver Spring, Gaithersburg
NJ: Ledgewood, Lawrenceville, East Brunswick, Bridgewater
PA: Erie
VA: Newport News, Williamsburg, Colonial Heights
TAGeX Brand, which bills itself as the world's largest after-marketplac…
