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White Plains con man sentenced to 63 months in prison

"The nature and circumstances of this offense are quite shocking," assistant federal prosecutors James McMahon and Shiva H. Logarajah argued in a sentencing memorandum.

Once prominent lawyer, Guy Parisi, in foregone conclusion, disbarred

“My life as a lawyer and a counselor, which I cherished and worked so hard to maintain for over 47 years, is now gone,” he had told U.S. District Judge Kenneth M. Karas.

Prosecutors place blame for College of New Rochelle demise on convicted...

“The defendant was literally the only person who knew the truth about CNR’s financial condition,” prosecutors state in a sentencing memorandum. “He was the only person who could have initiated a successful effort to save the college."

Michael Scronic sentenced to eight years in prison

Federal prosecutors wanted the court to imprison Scronic to twelve-and-a-half years for a $22 million Ponzi scheme. His attorney argued for no more than three years.