UPDATE: Montauk Fire Department Invested Fund Money With Men Accused of $96 Million Ponzi Scheme, Department Did Not Lose Money - 27 East
logo logo logo logo

East Hampton Press / News / Government / 1455079

UPDATE: Montauk Fire Department Invested Fund Money With Men Accused of $96 Million Ponzi Scheme, Department Did Not Lose Money

icon 3 Photos

authorShaye Weaver on Aug 1, 2013
UPDATE, FRIDAY, 3 P.M.: According to the U.S. Attorney's office, Mr. Callahan allegedly solicited a $600,000 investment from the Montauk Fire Department by promising the department's money in mutual funds... more

You May Also Like:

In Split Vote, East Hampton Town Board Decrees Senior Center Exempt From Zoning, Land Use Regulations

The East Hampton Town Board, despite one “no” vote and one recusal, determined that the ... 11 Dec 2024 by Christopher Walsh

More Beachgoers on East Hampton Town Beaches in 2024

East Hampton Town beaches hosted approximately 138,628 patrons at lifeguard-protected areas during the 2024 summer ... by Christopher Walsh

East Hampton Town Board Eyes Dune Protection

With the summer of 2025 “around the corner,” East Hampton Town Councilman David Lys joked, ... by Christopher Walsh

East Hampton Town Board Votes To Tighten Zoning, Building Codes

The East Hampton Town Board voted unanimously — albeit with some reservations — to amend ... 10 Dec 2024 by Christopher Walsh

East Hampton Village Residents Weigh In on Comprehensive Plan Update

A familiar litany of quality-of-life issues and greater opportunities to be able to live here ... by Christopher Walsh

Amid Some Confusion, East Hampton Town Board Holds Hearing on Osborn Homestead Landmark Designation

Days before the December 11 closing on East Hampton Town’s landmark $56 million acquisition of ... by Christopher Walsh

Cannabis Industry Is Growing on the South Fork: Several Retail Shops Set To Open in 2025

The East End’s first retail cannabis store not on the Shinnecock Territory, called Beleaf, opened ... 4 Dec 2024 by Michael Wright

SantaFest Coming to East Hampton Village

East Hampton Village will get into the holiday spirit with SantaFest on Saturday, December 7. ... by Christopher Walsh

Community Housing Advisory Board Recommends Five Projects

East Hampton Town’s Community Housing Fund has amassed around $10 million, the Town Board was ... by Christopher Walsh

Cantwell Court, Increased Density for Affordable Housing Inch Forward

East Hampton Town will soon issue a request for proposals from which it will choose ... by Christopher Walsh