Long IslandSuffolk

Ponzi scammer's associates arrested

Diane Kaylor, 36, of Bethpage, one of convicted

Diane Kaylor, 36, of Bethpage, one of convicted swindler Nicholas Cosmo's associates, was arrested early Wednesday morning by federal law enforcement officers. (April 25, 2012) Photo Credit: Howard Schnapp

Four associates of convicted Ponzi swindler Nicholas Cosmo were arrested April 25, 2012, by federal agents and charged with fraud, accused of illegally making up to $16 million for their part in his scheme, officials said.

Anthony Ciccone and his wife Maureen leave U.S.
Photo Credit: Ed Betz

Anthony Ciccone and his wife Maureen leave U.S. District Court in Central Islip after he was released on $1 million bail. (April 27, 2012)

Jason Keryc, 34, of Wantagh, an associate of
Photo Credit: Howard Schnapp

Jason Keryc, 34, of Wantagh, an associate of convicted swindler Nicholas Cosmo, was arrested early Wednesday morning by federal law enforcement officers. (April 25, 2012)

Anthony Ciccone, 39, of Locust Valley, one of
Photo Credit: James Carbone

Anthony Ciccone, 39, of Locust Valley, one of convicted swindler Nicholas Cosmo's associates, was arrested early Wednesday morning by federal law enforcement officers. (April 25, 2012)

Diane Kaylor, 36, of Bethpage, one of convicted
Photo Credit: Howard Schnapp

Diane Kaylor, 36, of Bethpage, one of convicted swindler Nicholas Cosmo's associates, was arrested early Wednesday morning by federal law enforcement officers. (April 25, 2012)

A file photo of Nicholas Cosmo, the Ponzi
Photo Credit: James Carbone, 2009

A file photo of Nicholas Cosmo, the Ponzi scammer whose $405-million scheme cheated about 5,000 people. (Oct. 7, 2009)

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