Written by Jason Fink with Newsday

Bernie Madoff will learn today whether he will die in prison. A few victims of the disgraced Wall Street financier, who faces a maximum 150 years in prison, will get their chance to tell Judge Denny Chin of the havoc the fraudster wreaked on their lives. Some of the thousand of other victims have already written to the court pleading for a harsh sentence. “He has condemned his investors to a life of hell.” wrote Emma DeVita of Pennsylvania, who said she invested with Madoff for 20 years and is now broke.

Hundreds are expected to descend on the lower Manhattan Federal courthouse where Madoff, 71, will be sentenced. His attorney Ira Sorkin has asked for 12 years, arguing that Madoff’s life expectancy is only another 13.

Prosecutors have asked that everything Madoff owns, including the substantial assets of his wife Ruth be surrendered. The money will be used to compensate the victims. While the last statements Madoff sent to investors in November totaled $65 billion, investors believe the true losses will run $13 billion to $21 billion. One attorney who has represented white-collar criminals said he expects Madoff to help prosecutors recover some of the money he stole – as well as provide information about any co-conspirators – in exchange for a reduction in the sentence after it’s handed down.

“He has to get some benefit or else why not just have a big circus of a trial?” said lawyer Matthew Myers.

by TERI THOMPSON and NATHANIEL VINTON

A multi-agency narcotics strike force tapped the cell phone conversations of Spanish Harlem boxer Edgar Santana as part of its year-long investigation into an alleged cocaine conspiracy, which prosecutors say used the U.S. Postal Service to ship multiple kilograms of the drug from Puerto Rico for distribution in New York City.

An indictment unsealed yesterday by the New York Special Narcotics Court contains references to numerous “coded and cryptic” phone conversations. Santana appears to have been recorded in mid-November brokering a deal between two acquaintances for a kilogram of cocaine.

Santana, a junior welterweight with a 24-3 record, remained in police custody after his arraignment yesterday. The 29-year-old’s next bout, scheduled for an August 6 broadcast on ESPN, is in jeopardy but has not yet been canceled.

A large contingent of the boxer’s friends and family were in the courtroom as Santana entered his not guilty plea to charges of conspiracy and sale of a controlled substance. Twelve others were named in the indictment.

Following the arraignment Santana’s family huddled in the marble hallway to discuss meeting the bail levied on the fighter – a $150,000 bond and $75,000 in cash. Santana’s lawyer, Dan Ollen, said collecting such amounts would cause hardship for the family.

“Mr. Santana couldn’t hide from the law even if he wanted to.” Ollen told the court. “He is a world-famous boxer. He’ll be the main event on a fight card on ESPN. He’s very active in the community in Spanish Harlem.”

Santana is accused of brokering a deal in November 2007 between Angel Colon, the alleged ringleader of the conspiracy, and Tommy Caraballo, whose lawyer Frank Ortiz said was one of Santana’s childhood friends.

According to the indictment, tape of a Nov. 12 phone call reveals Caraballo agreeing to purchase one kilogram of cocaine from Colon. The indictment states that Caraballo picked the drugs up the next day near Second Ave. and East 101st St., having agreed in exchange to pay an undisclosed sum to Colon by passing the money to Colon through Santana.

But as Caraballo came away with the kilo of cocaine in Nov. 13, he was intercepted by the New York Drug Enforcement Strike Force – an investigation unit that combines resources of the DEA, FBI, NYPD, New York State Police and other agencies.

Caraballo was arrested and the cocaine was recovered from his vehicle, the indictment said. Caraballo was indicted in November, but was reindicted yesterday along with other alleged conspirators.

In another recorded conversation on Nov. 14, Colon allegedly asked Santana if the fighter had heard anything from Caraballo since the previous day’s transaction. Colon then asked Santana to pay Colon for he cocaine. It is not clear of the two realized at that point that Caraballo had been arrested.

On Nov. 15, according to the indictment, Santana told Colon in yet another “coded and cryptic” conversation that Santana would indeed pay Colon, which Santana allegedly did at 8:12 that evening.

The Daily News was the first to report Friday on the arrests of Santana, Colon and other alleged coconspirators. A DEA source told The News that $450,000 and at least a kilogram of cocaine were recovered.

Colon’s lawyer, Matt Myers, said no drugs or significant cash were found at his client’s home Friday, but that several cell phones were confiscated.

Colon’s bail was set at a $2 million bond and $1 million in cash. There will be a surety hearing in the next three days to make sure that the bail money doesn’t come from ill-gotten gains.

Source: New York Daily News

Attorney for the defense of Mr. Colon: Matthew D. Myers

Fotog Was Louse Who Got The Cheese

By Barbara Ross
Friday, August 18th 2006, 7:20AM

A FRENCH photographer admitted in a Manhattan courtroom yesterday that he ripped off his former roommate of thousands of dollars by pretending to be in financial deals with celebrities like Madonna.

As part of a plea deal, Alexis Quinlin, 46, will be sentenced next month to serve 2 1/2 to 7 1/2 years in prison, and he will have to pay an undetermined amount of money back to two dozen other friends he also swindled.

Although Manhattan prosecutors said in May that Quinlin stole $3.9 million, his lawyer, Matthew Myers, said yesterday that the amount was closer to $325,000.

Read the rest of this entry »

By Laura Italiano

Between his cashmere coats, his perfect French accent and his claims of big-bucks dealings with John Travolta and Jodie Foster, Alexis Quinlin was quite the convincing businessman – taking some 22 investors into handing him nearly $4 million over five years.

But every one of these deals was a swindle, Manhattan prosecutors said yesterday, as Quinlin was thrown in jail on grand larceny charges.

Quinlin, 46, of SoHo, claimed that he exported DVD players and flat-screen TVs to Europe at astounding profit but needed money from investors to finance these transactions, prosecutors said.

To throw some extra razzle-dazzle into his sales pitch, he sometimes pretended to be famous French photographer Jean-Baptiste Mondino, prosecutors said.

Read the rest of this entry »

Manhattan Film Distributor Charged In Fraud
By Anemona Hartocollis (NYT)

A small independent film distributor has been indicted for defrauding at least 22 people  of $3.9 million over seven year, the Manhattan District Attorney said yesterday. The film distributor, Alexis Quinlan, 46, President of Offline Releasing told investors he needed money to export televisions to Europe, prosecutors said, but instead used the money to pay off debts incurred by his film company and to patronize luxury establishments. Mr. Quinlan’s lawyer Matthew Myers did not return a call for comment yesterday.

Source: New York Times – Friday May 12, 2006

Attorney for the defense: Matthew D. Myers