New York law enforcement is known to be aggressive in cracking down on credit card fraud, which is charged as a felony. A 32-year-old man pleaded guilty to several fraud charges in connection with a credit card scheme that involved purchases at a home improvement store. Telwin Vincent of the Bronx was charged with a…

Prominent real estate developer and owner Robert Morgan was indicted on 114 counts in a mortgage fraud scheme that involved more than $500 million in fraudulently obtained loans. The CEO of Rochester-based Morgan Management was charged with conspiracy to commit wire fraud and bank fraud, as well as money laundering. He pleaded not guilty to…

A mortgage broker in Buffalo, New York, admitted his involvement in a real estate scandal that aimed to defraud multiple financial institutions. The case centers on Morgan Management. The real estate management company owns thousands of properties in Buffalo, other New York cities and over a dozen states. Patrick Ogiony, 35, pleaded guilty to one…

The CEO and president of Municipal Credit Union was arrested for embezzling millions of dollars from the institution, which is New York’s oldest credit union. He allegedly used most of the money to purchase lottery tickets amounting to $3.55 million, according to federal prosecutors. Kam Wong, 62, was charged in Manhattan federal court with one…