Articles Tagged ‘Nicholas Cosmo’

Recapping L.I.’s Worst Crime of ’09

Already home to our share of notorious crooks and killers, Long Island stole a few more national headlines this year while local police earned their…

E. Northport Contractor Arrested for NYRA Theft

Nassau police arrested an East Northport contractor on Wednesday for stealing nearly $50,000 from a not-for-profit agency earlier this year. John Scherillo, 36, owner of…

Hauppauge Ponzi Scheme Suspect Out On Bail

A Long Island man is accused of orchestrating a $413 million Ponzi scheme has been freed on bail. Nicholas Cosmo, of Lake Grove, is the former head of the Hauppauge-based Agape World and Agape Merchant Advance in New York City. Cosmo has pleaded not guilty to charges that he fleeced some 6,000 people.