Serving Roslyn, Roslyn Heights and Old Westbury
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Friday, April 6, 2018
Vol. 6, No. 14
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GUIDE TO SPRING
EAST HILLS FATHER, SCHNIRMAN OUTLINES SON HIT BY CAR OVERSIGHT PLANS
PAGES 37-84
PAGE 12
PAGE 6
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Nissen pleads guilty in $60M Ponzi scheme
BOUND FOR BIG THINGS
Roslyn man convicted of wholesale ticket fraud, could get 20 years BY A M E L I A C A M U R AT I Jason Nissen of Roslyn pleaded guilty Wednesday to defrauding victims of more than $60 million paid to a wholesale ticket business than turned out to be a Ponzi scheme. “As he admitted in court today, Jason Nissen’s pitch to investors about access to premium sports and entertainment tickets was a sham,” Manhattan U.S. Attorney Geoffrey S. Berman said. “His investment scheme was really a Ponzi scheme." Now he awaits sentencing for his admitted swindle.” Nissen, 45, pleaded guilty to wire fraud, which carries a maximum sentence of 20 years, and is scheduled to be sentenced on Aug. 21 by U.S. District Judge Paul A. Engelmayer. Nissen served as CEO of Manhattan-based ticket broker National Event Company beginning in
2010 and began defrauding multiple investors from 2015 to 2017, a release from the U.S. attorney’s office states. Nissen represented to his investors that he would use their funds to purchase bulk quantities of premium tickets to sporting and entertainment events such as the Super Bowl, World Cup, U.S. Open and Broadway musical “Hamilton,” reselling the tickets at a profit. But Nissen was actually using the money to pay other investors as well as himself, the release said. Prosecutors also said Nissen “falsified financial documents and inflated accounts receivable ledgers” and presented them to victims as fake proof that their money was being used for purchasing tickets for resale so he could get more money. His alleged victims include a diamond wholesaler who loaned him $32 million, a private-equity Continued on Page 105
PHOTO COURTESY OF ROSLYN SCHOOL DISTRICT
Roslyn seniors Orry Zayit, left, and Celina Falzarano sign their NCAA Division I letters of intent. In the fall of 2018, Falzarano will be attending Providence College and will become a member of the woman’s soccer team. Zayit will be attending the University of Connecticut and will become a member of the men’s swimming team.
Terry defense submits 100 character letters BY JA N E LL E CL AUSEN
ciates testifying to their client’s character and situation, in hopes of securing a more lenient punAttorneys for former North ishment for Terry as prosecutors Hempstead Democratic Party push for a 54-month sentence. Among the letter authors head Gerard Terry have filed more than 100 letters from asso- were Terry’s health and mental
health care providers, whose names are redacted, family members, clients, clergy, more than 20 attorneys, personal friends and a dozen current and former public officials. Continued on Page 105
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