Home Authors Posts by Bill Heltzel

Bill Heltzel

Bill Heltzel has covered criminal justice, courts, government and sports – as a beat reporter and investigative reporter – for daily newspapers in Florida, Indiana, Ohio, and Pennsylvania. He worked for Bloomberg LP in training and sales. He joined The Business Journal in 2016.

Dish Network sues Yonkers man for $2M in customer scam

Imtiyaz Siddiqi orchestrated a telemarketing scheme, the complaint states, “for the purpose of extracting payments from Dish’s subscribers.”

Broker sues Estate Motors for $2.5M arbitration award

An arbitrator ruled mostly in favor of United Galaxy Associates, but he also found that the broker’s conduct in renegotiating fees “shocking to the conscious.”

New York seeks to shut down Pet Zone puppy stores

The New York state attorney general seeks to shut down Pet Zone puppy stores for alleged violations of the Pet Lemon Law, fraud and deceptive practices.

Lowey Dannenberg attorney seeks to quash subpoenas in GSK racketeering case

Peter D. St. Phillip, a White Plains lawyer, has asked a court to quash subpoenas for his testimony and documents, in a racketeering lawsuit against GlaxoSmithKline. He argues that the request violates the attorney-client privilege and work-product doctrine.

Alessi Equipment sues pile driver manufacturer for $2m

Alessi claims that American Piledriving Equip. violated its exclusive rights to sell APE equipment and parts in the Northeast.

New York shoots down NRA insurance program

New York DFS shoots down NRA gun insurance underwritten by Chubb and administered by Lockton insurance companies, in consent orders.

Premium Point Investments accused of securities fraud

Premium Point Investments accused of securities fraud for allegedly inflating the value of its hedge fund portfolios, in criminal indictments and SEC civil action. Amin Majidi, a partner in the firm who lives in Armonk, and Ashish Dole, former chief risk officer, from White Plains, were charged in the case.

Yonkers and Hawthorne diners cite federal fine as cause of bankruptcies

Both diners list a U.S. Department of Labor judgment for $837,356, that they characterize as disputed, as their greatest unsecured debt.

Nyack lawyer tries to reclaim Iron Man comic book

ames A. Cracolici sued eBay and PayPal on May 1 in federal court, White Plains, claiming they mishandled a comic book transaction in a diabolical plot by Craig James Saunders of Waterdown, Ontario. Saunders, the complaint says, fraudulently induced Cracolici into parting with the rare comic book, “knowing he would ultimately never pay for the item.”

Court decrees last act for Raymond Fodera and Abbingdon pet cemetery

An Orange County Supreme Court justice ordered the cemetery and Fodera to stop engaging in “fraudulent, deceptive and illegal practices” and to repay pet owners who were bilked. But Fodera, according to a news report, had died on March 31.

Urban developer BRP looks to New Rochelle for $57M suburban project

BRP is targeting young single professionals, young couples and older couples who are downsizing.

Ivy Rock horse farm reorganizes under seldom-used law

It is the first Chapter 12 case filed this year in the ten counties served by the Southern District of New York.

Schneiderman tries bankruptcy route in DeSilva fraud case

In 2013, nearly 100 customers claimed losses of more than $100,000 for undelivered oil and other services never received.

Michael Scronic consents to SEC ban in $22M hedge fund fraud

U.S. District Judge Cathy Seibel has given the SEC authority to file an order for “disgorgement of ill-gotten gains.”

Moodna Creek Development settles environmental testing costs

The costs of testing were “unwarranted and/or excessive,” the owners had argued, before agreeing to pay 63 percent of the $174,000 bill.