Content Preview
Newsday 7 day/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here
Alleged Ponzi scheme victims to get checks soon
Quick ReadAbout 800 victims of Nicholas Cosmo's alleged victims should start getting checks early next month
Photo credit: James Carbone | Nicholas Cosmo arrives at federal court in Central Islip. (Oct. 8, 2009)
Galleries
Nicholas Cosmo
On one hand, Dom DiColandrea, one of the victims in the Ponzi scheme allegedly run by Nicholas Cosmo, is encouraged he's going to see a share of the money recovered by the court-appointed trustee of Cosmo's bankrupt company.
On the other hand, DiColandrea is a little discouraged the initial recovery is so small: less than a half-cent on the dollar.
About 800 victims of Cosmo's alleged...
Newsday & ExploreLI are now available at no charge to Newsday 7-day and Optimum Online® subscribers. To continue reading, please log in or register now.
