-CONTINUED FROM PG. 18- until 3 p.m. Transit News And Changes Riders can transfer between L trains at Broadway Junction to continue their trip. It was noted that all L trains between Rockaway Parkway and Broadway Junction will operate every 24 minutes. Riders are advised to allow for additional travel time. Overnight Express E And Local F Trains Jamaica Center-bound E trains will run express service between Queens Plaza and Roosevelt Avenue late nights on Friday, May 2, from 12:15 until 5 a.m. For service to the 36th Street, Steinway Street, 46th Street, Northern Boulevard and 65th Street stations, take the E train to Roosevelt Avenue, then transfer to a Manhattan-bound E train. For service from these stations, take the E train to Queens Plaza, then transfer to a Jamaica Center-bound E train.A dditionally, Jamaica-bound F trains will operate local service between Roosevelt Avenue and 71st- Continental Avenues on Friday, May 2, from 12:01 until 5 a.m. Manhattan-bound F trains will also run local service between 71st- Continental Avenues and 21st Street-Queensbridge during the same time period. Riders are advised to allow for additional travel time. Late Night Local Svc. For E And F Trains E trains will run local service between Roosevelt Avenue and 71st- Continental Avenues late nights on Monday, May 5, through Thursday, May 8, from 10:30 p.m. until 5 a.m. During this period, M train service between 71st-Continental Avenues and 47th-50th Streets will end early on Monday through Thursday. Additionally, Manhattan-bound F trains will also operate local service between Roosevelt Avenue and 21st Street-Queensbridge on Tuesday, May 6, through Friday, May 9, from 12:01 until 5 a.m. Riders are advised to allow for additional travel time. Weeknight Switch For E Trains To Manhattan Manhattan-bound E trains will run on the F line between 36th Street in Queens and West Fourth Street in Manhattan on Thursday and Friday, May 1 and 2, from 9:30 p.m. until 5 a.m. These trains will not stop at the Queens Plaza, Court Square-23rd Street, Lexington Avenue-53rd street, Fifth Avenue-53rd Street and Seventh Avenue stations. For service to Court Square-23rd Street or Queens Plaza, transfer to the 7 train at Roosevelt Avenue or a free shuttle bus to both stations at the 21st Street-Queensbridge stop. Late Night Service Slowed On G Line All G trains will operate every 20 minutes in both directions late nights, Monday through Thursday, from 11 p.m. until 5 a.m. through Thursday, May 8. Riders are advised to allow for additional travel time. N Trains Skip Stops In Astoria Weekdays Astoria-bound N trains will skip the 39th Avenue, 36th Avenue, Broadway and 30th Avenue stations on Tuesday, May 6, through Friday, May 9, from 10:15 a.m. until 3 p.m. During this period, there will be no Q train service between 57th Street in Manhattan and Ditmars Boulevard in Astoria. For service to these stations, take the N train to Astoria Boulevard, then transfer to a Manhattan-bound N train. For service from these stations, take the N train to Queensboro Plaza, then transfer to an Astoria-bound N train. For a complete list of service changes and last-minute updates, visit the MTA’s website at www.mta.info or call 511. Learn The History Of Our Neighborhood! VISIT OUR ARCHIVES ONLINE AT www.timesnewsweekly.com CO Detector Law Expanded movie theaters, houses of worship and other venues where large numbers of people gather. The Department of Buildings will adopt rules and standards for the installation of CO detector systems. Provisions of the law take effect on Oct. 1. Traffic News And Changes -CONTINUED FROM PG. 18- traffic agents will be on hand when the detours begin. The closure is expected to remain in place for approximately two years. Passenger vehicles driving from the northbound Cross Island Parkway will have to exit at Utopia Parkway (exit 34); those driving from the northbound Whitestone Expressway will need to exit past the 20th Avenue exit and merge onto the Cross Island Parkway. All commercial vehicles must exit the Whitestone Expressway at 20th Avenue (exit 15).* * * For additional closures, visit the city DOT’s website at www.nyc.gov/dot or call 311. TIMES, THURSDAY, MAY 1, 2014 • 54 Fmr. LIC Business Executive Pays For Bank Fraud officer of GDC, was convicted by a federal jury in December 2011 of similar charges. In June 2013, Dupree was sentenced to 84 months’ imprisonment to be followed by five years’ supervised release. As part of the sentence, Dupree was ordered to pay more than $15 million in restitution and $18 million in forfeiture. “Instead of building their company through hard work and drive, Watts and his cohorts created the illusion of success for GDC based on lies and deceit. Watts then spent years propping up that illusion and using it to defraud a bank out of millions of dollars,” stated Lynch. “Executives who play fast and loose with corporate financial information should expect to be investigated and prosecuted to the full extent of the law.” GDC, based in Long Island City, is a holding company that owns various subsidiaries, including JDC Lighting, a lighting distributor; Unalite Electric and Lighting, a lighting maintenance company; and Hudson Bay Environments Group, a furniture distributor. According to prosecutors, Watts helped orchestrate a scheme to defraud Amalgamated Bank and C3 Capital, a mezzanine lender based in Kansas City, Mo., by obtaining and attempting to obtain loans on the basis of false financial statements and other material misrepresentations. He and others gave Amalgamated Bank false financial information for GDC in which they had fraudulently inflated the company’s accounts receivable in order to obtain initially, and then maintain, credit lines totaling approximately $21 million. The defendant and his coconspirators inflated the accounts receivable by a variety of means, including recording in the corporate books sales that had never taken place. For example, the defendant represented to Amalgamated Bank in writing in November 2009 that GDC had $25.2 million in accounts receivable when, in fact, it had only approximately $9 million. In addition, the defendant and others defrauded Amalgamated Bank by causing GDC to acquire a company covertly, contrary to the terms of their loan agreement, and by concealing the acquisition from the bank. The scheme unraveled when one of the accountants turned himself into the FBI and cooperated in the government’s investigation in an undercover capacity for approximately two months. Lynch extended her grateful appreciation to the Federal Bureau of Investigation and the Postal Inspection Service, the agencies responsible for leading the government’s criminal investigation. The government’s case is being prosecuted by Assistant United States Attorneys Catherine M. Mirabile and Brian Morris. This prosecution was the result of efforts by President Obama’s Financial Fraud Enforcement Task Force (FFETF) which was created in November 2009 to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes. With more than 20 federal agencies, 94 U.S. Attorneys’ Offices and state and local partners, it’s the broadest coalition of law enforcement, investigatory and regulatory agencies ever assembled to combat fraud. Since its formation, the task force has made great strides in facilitating increased investigation and prosecution of financial crimes; enhancing coordination and cooperation among federal, state and local authorities; addressing discrimination in the lending and financial markets and conducting outreach to the public, victims, financial institutions and other organizations. Over the past three fiscal years, the Justice Department has filed more than 10,000 financial fraud cases against nearly 15,000 defendants including more than 2,700 mortgage fraud defendants. For more information on the task force, visit www.StopFraud.gov. -CONTINUED FROM PG. 18- 104th Precinct Blotter Apr. 26: (Beat 2) Luis Rivera, at St. Nicholas Avenue and Palmetto Street, for assault, by P.O. Prizeman. (Beat 2) Mark Santiago, at St. Nicholas Avenue, for resisting arrest, by P.O. York. (Beat 2) Juan C. Martinez, at Cypress Avenue and Woodbine Street, for DWI, by P.O. Lewis. (Beat 3) Luis Creollo, at Myrtle Avenue, for criminal trespass, by P.O. Marinacci. (Beat 3) Lojre Quizuisa, at Myrtle Avenue, for criminal trespass, by P.O. Marinacci. (Beat 3) Francisco Gonzalez, at Myrtle Avenue, for criminal trespass, by P.O. Marinacci. (Beat 2) Kerolos Ponous, at Madison Street, for unlicensed warehouse liquor storage, by P.O. Rodriguez. Apr. 27: (Beat 14) Tomasz Przybylo, at Metropolitan Avenue and Fresh Pond Road, for aggravated unlicensed operator, by P.O. Lesniewski. (Beat 15) Rudolph Caronia, at Harman Street, for criminal contempt, by P.O. Mathelier- Potter. (Beat 15) Jairo G. Naranjo, at Onderdonk Avenue, for assault, by P.O. Dupont. The 104th Precinct, located at 64- 02 Catalpa Ave. in Ridgewood, can be reached by phone at 1-718-386-3004. To report an emergency or a crime in progress, call 911 immediately. Quality of life matters, such as noise or a blocked driveway, should be reported to 311. -CONTINUED FROM PG. 11- Local sponsors of the legislation include City Council Majority Leader Jimmy Van Bramer and City Council Members Elizabeth Crowley, Daniel Dromm, Rafael Espinal, Julissa Ferreras, Karen Koslowitz, Antonio Reynoso, Donovan Richards, Eric Ulrich and Ruben Wills. -CONTINUED FROM PG. 17-
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