A key associate of the Ponzi scammer Nicholas Cosmo pleaded guilty Friday to taking part in the scheme, officials said. Bryan Arias, 41, of Maspeth, pleaded to conspiracy to commit mail and wire fraud ...

A close associate of Ponzi confidence man Nicholas Cosmo pleaded guilty in federal court in Central Islip Friday in a case growing out of his $400 million fraud scheme, officials said. Shamika Luciano ...

Nicholas Cosmo pleaded guilty in 2010 to mail fraud and wire fraud for taking money from more than 4,000 investors who thought they were funding short-term commercial loans. Nicholas Cosmo, the former ...

Accused Ponzi-schemer Nicholas Cosmo onced owed tens of thousands of dollars in gambling debt to the Genovese crime family, the latest twist in a scheme federal authorities believed bilked small ...

Long Island investor Nicholas Cosmo, charged in a $370 million Ponzi scheme, hired convicted criminals as brokers, blew millions of dollars in bad commodities trades and spent his victims' money on ...