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Saturday, September 10, 2011

09/10/11 From Riverside Blogger Chris Fountain And His "For What Its Worth" Blog

Just so I can avoid 9/11 stories, I offer this

Selectman Drew Marzullo persuades Apple to skip security gates.

Good for Drew and Apple.
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09/10/11 Teri Buhl Used To Report At The Greenwich Time Until Hearst Editor David McCumber Got Nervous After A Call From Charlie "Gasbag" Gasparino

RBS Ct Executive Gets Jail Time for Embezzlement Scheme

The Connecticut U.S. Attorney’s office has succeeded in convincing a federal judge to thrown former bank executive James Glover in the slammer.

On June 1st, Glover plead guilty to stealing more than $600,000 from Royal Bank Of Scotland’s Greenwich Capital trading division. This week, U.S. District Judge Robert Chatingny in Hartford gave Glover, 54, a year and a day prison sentence followed by two years of supervised probation.

According to court documents and statements made in court, Glover was the Managing Director-Settlements and Reconciliations of a Stamford-based Royal Bank of Scotland.

Glover’s responsibilities included transferring funds from the bank to customers to settle or reconcile the customers’ securities transactions. From approximately January 2009 to January 2010, Glover caused nine separate transfers of funds, which totaled approximately $625,000, to be sent from RBS to a bank account in New Jersey in the name of “CPS Funding.”

In transferring the funds, Glover caused fraudulent instructions to be placed into the Company’s operating system to make it appear that the New Jersey bank account was held by an actual customer that was entitled to receive company funds to settle securities transactions.

However, the interstate transfers were not authorized and were not part of any legitimate securities transaction of RBS or its customers. Glover then accessed the CPS Funding account and used some of the funds for his own use. CPS Funding is a similar name of an information systems consulting business that is owned by a member of his extended family.

I reported at Greenwich Time last year Glover executed the embezzlement scheme because he was over leveraged in a commercial real estate project at his favorite upstate New York ski resort.

With RBS turning cash bonuses into a lack luster stock payout in 2009, Glover didn’t have the money to make a $3 million balloon payment on Wyndam project that was secured by his primary Westchester County home. The over build mega million spec home that Glover couldn’t sell, was funded by failed USA Bank. CTWatchdog reported this spring USA Bank executives are currently under investigation by the Feds for allegations of criminal fraud and securities violations.

After RBS caught Glover stealing in late January 2010, it immediately fired him. Although the bank executive returned the stolen funds within two months, the DOJ still demanded jail time.

U.S. Attorney Richard Schechter told the court “Glover reported in excess of $400,000 on his joint tax returns in 2007 and 2008, the years before the thefts began, so there is no compelling economic justification for Glover to abuse his position to steal from the company.”

A spokesperson for the DOJ confirmed Glover doesn’t have to pay monetary fines but will serve 120 hours of community service once he’s out of jail.

http://www.teribuhl.com/2011/09/08/doj-ask-judge-to-thrown-rbs-embezzler-james-glover-in-jail/

PLEASE SEE:

03/21/10 Hearst Newspaper Cover Up: Thin skinned Faux news reporter gets Greenwich Time Investigative Reporter Teri Buhl fired?


03/21/10 Hearst Newspaper Vice President Lincoln Millstein Has Blood On His Hands

03/21/10 Fox News Boy Charlie Gasparino Has No Comment About Teri Buhl's Firing At The Greenwich Time When Greenwich Roundup Called Him Up


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09/10/11 Dirty Deals Done In Port Chester

Greenwich man robbed moments after selling car in Port Chester

Full story: theoriginalgreenwichdiva.com

Greenwich police are investigating an alleged robbery that took place Thursday night moments after a man claimed he sold his vehicle to someone over the town line in Port Chester, New York.

According to the police report, the victim had just finished collecting thousands of dollars for a car and was walking on Ann Street off West Putnam Avenue, when he was approached by a man with a gun.

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09/10/11 Pauline Sileo Rameor Says On The Pemberwick Facebook Page: Jay...I just read the article about the 911...

Jay...I just read the article about the 911...
Pauline Sileo Rameor 9:26am Sep 10
Jay...I just read the article about the 911 remembrance event you organized. Such an unselfish way to demonstrate your patriotism and love of our country...God Bless

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09/10/11 The Greenwich Topix Message Board - (14 stories) - TOP STORY: Alleged drug dealer, customers nabbed in Cos Cob

Topix Greenwich

Greenwich - News September 10, 2011

See Greenwich Weather

Alleged drug dealer, customers nabbed in Cos Cob
Alleged drug dealer, customers nabbed in Cos Cob
(NewsTimesLive)
A man police said brazenly made daytime drug sales in a Cos Cob residential neighborhood was arrested Thursday evening following an investigation that began in August following anonymous tips by residents.

Drunk Man Nabbed for Driving the Wrong Way
(Patch)
Greenwich police arrested a 53-year-old North Haven man on drunk driving charges after stopping his vehicle on Greenwich Avenue.

Greenwich Cops Raid Drug Factory, Arrest 3
(The Daily Greenwich)
An anonymous tip to the Greenwich Police led to the arrest of three Greenwich men Thursday on drug charges, including operating a drug factory.

Greet New Greenwich Chamber of Commerce Head
(The Daily Greenwich)
Meet Marcia O'Kane, the new executive director of the Greenwich Chamber of Commerce , Tuesday, Sept.

Greenwich Man Who Allegedly Posed as US Army Vet Applies for AR
(Patch)
The Greenwich man who allegedly posed as a wounded U.S. Army veteran who served four tours in Afghanistan will apply for accelerated rehabilitation, according to a Greenwich Time report .

Patch Picks: Hot New Shoes
(Patch)
Want to step into Fall with style? We took a stroll down Greenwich Avenue to check out this season's new shoes on display.

Linda McMahon to run for U.S. Senate seat in 2012
(theoriginalgreenwichdiva)
Connecticut Republican Party Chairman Jerry Labriola says Greenwich resident, Linda McMahon, will run a second time for the U.S. Senate seat. In 2010, the former CEO of World Wrestling Entertainment spent over $50 million of her own money in an unsuccessful run against Democrat Richard Blumenthal.

9/11 Ceremonies to be Held in Greenwich
(Patch)
Numerous town organizations are planning events for this weekend to mark the tenth anniversary of the Sept.

More Greenwich News...

Greenwich Local Sports

Darien Standout Joins Chelsea Piers Staff
(The Daily Darien)
Greenwich High School lacrosse coach Scott Bulkley will become the director of lacrosse at Chelsea Piers Connecticut when it opens next June in Stamford.

Read Greenwich Local Sports...

Greenwich Local Business

Options risk gauge soars as investors seek safety
(WPHL Philadelphia)
Nervous investors scrambled on Friday to protect their assets, paying higher prices for options ahead of the weekend as European debt woes weighed on the prospects for global growth....

.. in the U.S. options market," said Andrew Wilkinson, senior market analyst at Interactive Brokers Group in Greenwich, Connecticut. The rout in U.S. stocks sent the CBOE Volatility Index, Wall Street's favorite barometer of investor sentiment, known ...

Glenville Firefighters Remember 9/11 Victims
(The Daily Greenwich)
Ten years ago members of the Glenville volunteer firefighters were deployed into Westchester County as part of the mutual aid response to the terrorist attacks on the World Trade Center that day....

... Higgins. Chief Peter Siecienski and First Selectman Peter Tesei read the roll of honor for the men and women of Greenwich who died. The father of Jason Sabbag and the wife and daughter of Martin Wohlforth, two residents who died on Sept. 11 laid the ..

California Street Among Most Expensive for Office Space
(KSFO-AM San Francisco)
While the street isn't necessarily paved in gold, it is one of the most expensive streets for office space in both the U.S. and Canada.

... Hill Road in Menlo Park, Calif., at $113.64 per square foot; Fifth Avenue in Manhattan at $97.14 per square foot; Greenwich Avenue in Greenwich, Conn., at $89.86 per square foot and University Avenue in Silicon Valley where the average rent is ...

Fashion Lights up the Night
(The Daily Darien)
The bold and the beautiful stepped out in style Thursday night for Fashion's Night Out , the most anticipated global fashion event of the fall....

... to help out neighbors and other small business owners, and to show how fashionable Stamford really is." In Greenwich, The Avenue was alive with music and nearly 50 models who walked an outdoor red carpet runway, showing off styles from more than 30 ...

Chalk up a win for fund investors
(CNN)
It's not every day that a fund promises to return more of your money. But that's what the 82-year-old Adams Express closed-end fund is doing...

... boost the stock price. It didn't work. Then things heated up in March when one of Adams' largest shareholders, a Greenwich Conn.-based hedge fund, proposed a plan to cut shares outstanding by 50% to boost the stock. Luckily for Adams Express CEO ...

09/10/11 The Greenwich First Selectman Report

News Reports About Greenwich First Selectman Peter Tesei
9-11 Memorial Unveiled in Glenville
Patch.com
... the Roll of Honor by First Selectman and Fire commissioner Peter Tesei and Fire Chief Peter Siecienski, after which two bagpipers played "Amazing Grace. ...


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09/10/11 The Raw Greenwich VIDEO Feed

Videos That Were Just Posted About Greenwich, CT
Greenwich CT CB Greenwich.wmv
4 min
Information about Greenwich, Riverside, Byram, Cos Cob & Old Greenwich CT Community, Real Estate, Coldwell Banker, Nedder ...
youtube.com
Arthur Murray Grande Ballroom Greenwich CT
1 min
Arthur Murray Grande Ballroom Greenwich CT local.ctpost.com newly redecorated ballroom, greenwich ct, zumba,give the gift ...
youtube.com


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09/10/11 The 9-11 Memorial Unveiled in Glenville and more from Greenwich Patch


Today s 79° 61° Tomorrow s 72° 61°

September 10, 2011

Your News

September 10, 2011

9-11 Memorial Unveiled in Glenville

Leslie Yager | Sep 10, 2011 | 0 Comments

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Moving ceremony attended by large crowd.

Fall Harvest Not As Bountiful Thanks to Irene's Winds, Heavy Rains

Cathryn Prince | Sep 10, 2011 | 0 Comments

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Area farmers lament the damage to their crops due to Tropical Storm Irene's wrath.

Ballad for Barton

Sue Rogers | Sep 9, 2011 | 1 Comment

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She "walks the walk"

Greenwich Man Who Allegedly Posed as US Army Vet Applies for AR

| Sep 9, 2011 | 0 Comments

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Jesus M. Garcia reportedly must repay those who he took money from for bogus medical procedures.

Anonymous Tip Leads to Pot Bust on Valleywood Road

Patrick Barnard | Sep 9, 2011 | 0 Comments

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Three Greenwich men arrested on drug charges; one charged with operating a drug factory.

See more News »

09/10/11 Glenville Firefighters Remember 9/11 Victims And More News In The Daily Greenwich

Main Street Connect
Your Home Town Online
News from The Daily Greenwich
Glenville Firefighters Remember 9/11 Victims
by Anna Helhoski | 09/10/11

GREENWICH, Conn. – Ten years ago members of the Glenville volunteer firefighters were deployed into Westchester County as part of ...

READ MORE
Metro-North Ramps Up Security After Threat
by Richard Weizel | 09/09/11

FAIRFIELD COUNTY, Conn. – Metro-North and Connecticut State Police canine units patrolled trains and train stations Friday in the ...

READ MORE
Greenwich Cops Raid Drug Factory, Arrest 3
by Anna Helhoski | 09/09/11

GREENWICH, Conn. – An anonymous tip to the Greenwich Police led to the arrest of three Greenwich men Thursday on drug charges, ...

READ MORE
Greenwich Resident Turns to Radio for News on 9/11
by David Maddalene | 09/10/11

GREENWICH, Conn. — As a graphic artist, I was in the middle of a paste-up job in my office at Penny Press in Norwalk.

My ...

READ MORE
Malloy Asks 'Moment of Silence' Sunday at 8:46 AM
by Richard Weizel | 09/10/11

HARTFORD, Conn. – Gov. Dannel P. Malloy is calling on all Connecticut residents to honor the nearly 3,000 people killed in the Sept. ...

READ MORE

09/1011 Greenwich Remembers Her Innocent 9/11 Victims


GOD SEES AND HEARS THOSE WHO MOURN

MAY YOU FIND THE COMFORT AND PEACE THAT YOUR LOVED ONE WOULD WANT YOU TO HAVE


Bryan Craig Bennett, 25, died at the World Trade Center where he was a salesman with eSpeed, a division of Cantor Fitzgerald. He lived in New York but left behind family in Greenwich.

Kevin P. Connors, 55, a Greenwich resident, died at the World Trade Center where he was vice president of Euro Brokers. He left behind two sons and three stepchildren.

Brian Cummins, 38, the brother of Greenwich resident Brendan Cummins, died at the World Trade Center where he worked for Cantor Fitzgerald. He lived in New York City.

Michael Egan, 51, a former Greenwich resident, died at the World Trade Center where he worked as a managing director for Aon. He left behind his wife and two sons.

Ulf Ericson, 79, a Greenwich resident, died at the World Trade Center where he was an employee of Washington Group International, a construction and engineering design firm. He left behind his wife and daughter.

Bennett Fisher, 58, a Stamford resident who was born and raised in Greenwich, died at the World Trade Center where he was a senior vice president of Fiduciary Trust International.

Thomas Edward Galvin, 32, a former Greenwich resident, died at the World Trade Center where he was a senior vice president and corporate bond broker for Cantor Fitzgerald.

Steven Glick, 42, a Greenwich resident, died at the World Trade Center where he was attending the Waters Financial Technology Congress. He left behind his wife and two children.

Donald Greene, 52, CEO of Safe Flight Instrument Corp. and a Greenwich resident, died aboard United Airlines Flight 93, the hijacked Boeing 757 which crashed in a field in southwestern Pennsylvania. He left behind his wife and two children.

Pedro Grehan, 35, a former Old Greenwich resident, died at the World Trade Center where he was a broker for Cantor Fitzgerald. He left behind his wife and
three children.

James Douglas Halvorson, 56, of Riverside, died at the World Trade Center where he was an executive for Marsh & McLennan. He left behind his wife and son.

Erik Hans Isbrandtsen, 30, a former Greenwich resident who attended Greenwich High School in 1986 and 1987, died at the World Trade Center where he was an equities trader for Cantor Fitzgerald.

Joseph Lenihan, 41, a Greenwich resident, died at the World Trade Center where he worked as executive vice president for Keefe, Bruyette & Woods, Inc. He left behind a wife and three children.

Edward "Teddy" Francis Maloney III, 32, a former Greenwich resident who lived in Rowayton, died at the World Trade Center where he was an account manager for TradeSpark. He left behind a wife, a daughter and a baby born in December 2001.

Christopher Mello, 25, a Greenwich native, died on American Airlines Flight 11, the hijacked Boeing 767 that crashed into the north tower of the World Trade Center.

Cheryl Monyak, 43, a Greenwich resident, died at the World Trade Center where she was a marketing manager for Marsh & McLennan Companies.

Michael Pelletier, 36, a Greenwich resident, died at the World Trade Center where he was a commodities broker for TradeSpark. He left behind a wife and two children.

Michael Rothberg, 39, of Old Greenwich, died in the World Trade Center, where he was director of program trading for Cantor Fitzgerald.

Jason Sabbag, 26, who grew up in Greenwich, died at the World Trade Center where he worked at Fiduciary Trust Co. International. He had recently moved to New York City.

Stacey Leigh Sanders, 25, whose parents lived in Darien, died at the World Trade Center where she was working for Marsh & McLennan Cos. She attended Greenwich Country Day School.

Frederick Varacchi, 35, a Greenwich resident, died at the World Trade Center where he was president and chief operating officer of eSpeed, a division of Cantor Fitzgerald. He left behind his wife and three children.

Gregory Wachtler, 25, a New York City resident who grew up in Ramsey, N.J., and is buried next to his paternal grandparents in St. Mary's Cemetery in Greenwich, died at the World Trade Center where he was a research analyst for Fred Alger Management Co.

Martin Wohlforth, 47, a Greenwich resident, died at the World Trade Center where he was a managing director at Sandler O'Neill & Partners. He left behind his wife and daughter.

Charles A. Zion, 54, a Greenwich resident, died at the World Trade Center where he was an equities trader and senior vice president of Cantor Fitzgerald. He left behind his wife and son.

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