Tuesday, January 19States Top Leading News (STL.News)

Tag: Joseph Falcone

New York: Former Long Island Liquor Distributor Joseph Falcone Sentenced
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New York: Former Long Island Liquor Distributor Joseph Falcone Sentenced

New York: Former Long Island Liquor Distributor Joseph Falcone Sentenced to 24 Months in Prison for Defrauding Investors in Wine Product Featured on “Shark Tank” TV Show (STL.News) – Earlier today, in federal court in Central Islip, Joseph Falcone, who formerly operated a wine and liquor distribution business known as 3G’S VINO LLC, was sentenced by United States District Judge Sandra J. Feuerstein to 24 months’ imprisonment for wire fraud in connection with his scheme to defraud investors.  As part of the sentence, Falcone was ordered to pay $1.8 million in restitution to seven of 3G’S investors.  Falcone pleaded guilty in June 2019. Seth D. DuCharme, Acting United States Attorney for the Eastern District of New York, announced the sentencing. “Falcone’s victims were reeled in by his “S...