January 2010 Archives

January 26, 2010

Westport, Massachusetts: Rollover Leaves Driver Dead and Passenger Seriously Injured

January 26, 2010 - Megan Ponte, 23, from Rehoboth, Massachusetts, was severely injured when the 1996 Toyota Camry driven by Jaroslaw Cuzytek, 26, from West Warwick, Rhode Island, rolled over. The accident occurred at around 12:57 a.m. on Saturday while Cuzytek was traveling west on Route 195 just before Exit 10 towards Route 88 in Westport, Massachusetts. Apparently Cuzytek lost control of the vehicle causing it to hit a concrete barrier and subsequently rollover.

Ponte, who was thrown from the vehicle, was taken by ambulance to Charlton Memorial Hospital. She was then transferred to Rhode Island Hospital, where she remains in serious condition as of Monday morning. Cuzytek was pronounced dead at the scene. According to the Massachusetts State Police, neither Cuzytek nor Ponte were wearing seatbelts.

The cause of this accident is unclear at this time and remains under investigation by the Massachusetts State Police.

Source: The Providence Journal

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January 25, 2010

Weymouth, Massachusetts: State Police Cruiser Collides With Jogger

January 25, 2010 - Paula Domenico, 39, from Abington, Massachusetts, suffered severe personal injuries when she was struck by an unmarked Massachusetts State Police cruiser while she was jogging in Weymouth. The unidentified State Police lieutenant was traveling north on Route 18 when his cruiser collided with Domenico at the intersection of Route 58. The accident occurred at around 2:26 p.m. on Friday.

Domenico was taken to South Shore Hospital, where she is recovering from her injuries. According to the Weymouth Police, the lieutenant's vision may have been obstructed by a bus traveling in the adjacent lane. The lieutenant was apparently driving to work to begin a shift at the South Boston State Police barracks.

The accident remains under investigation.

Source: The Patriot Ledger

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January 22, 2010

New Bedford, Massachusetts Pedestrian Struck by Car

January 22, 2010 - Jason Camara, 23, from New Bedford, Massachusetts, was driving a Honda Accord that struck a 19 year old New Bedford woman who was hit in the crosswalk at Brock Avenue and Rodney French Boulevard. The woman suffered serious personal injuries when her head struck the windshield of Camara's vehicle. The accident occurred at around 6:45 a.m. on Thursday morning.

The woman was taken to St. Luke's Hospital and later transferred by medical helicopter to Brigham and Women's Hospital, where she was listed in critical condition Friday morning. According to the New Bedford Police Department, Camara had a green light and was apparently driving the speed limit. Camara told police that he did not see the woman prior to striking her with his car and she was wearing headphones. Apparently, Camara remained at the scene, tried to assist the woman, and cooperated with police.

Camara received a citation for failing to stop for a pedestrian in a crosswalk. The accident remains under investigation by the New Bedford Police Department.

Source: SouthCoastToday.com

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January 13, 2010

Tanker Truck Crushes Three Cars, Injures Two in Chelmsford, MA Accident

January 13, 2010 - John Revene, 47, of Westboro, Massachusetts, sustained serious personal injuries in a car accident yesterday when the tanker truck he was driving rolled over onto three vehicles. Elizabeth Buchanan, 52, from Arlington, sustained minor injuries when her 2006 Toyota Matrix was crushed by the truck. The two other drivers, Richard Frese, 64, of Concord, and Christiane Rabich, 48, from Ontario, Canada, were not injured in the accident. The accident occurred at 8:58 a.m. yesterday morning on Route 2 Westbound in Lincoln.

Revene's 2006 Freightliner truck was transporting 8500 gallons of diesel fuel, but no fuel was spilled when the truck rolled over. According to police, the tanker truck went onto the right shoulder of Route 2 just prior to the accident.

Revene was transported by medical helicopter to Massachusetts General Hospital, where he is being treated for serious injuries. Buchanan was taken to Emerson Hospital and treated for minor injuries.

The Massachusetts State Police charged Revene with speeding, and is still investigating the cause of the accident.

Source: The Boston Herald

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January 13, 2010

Valhalla Investment Partners and Viking Fund Were Ponzi Schemes Says SEC

January 13, 2010 - Neil Moody and his son, Christopher Moody, have been linked by the SEC to a hedge fund scam run by Arthur Nadel. The Moodys used Nadel as the sole investment adviser for their Sarasota, Florida based hedge funds: Valhalla Investment Partners, L.P., Viking IRA Fund, LLC, and Viking Fund, LLC. On Monday, the SEC filed a complaint in federal court in Moody, Chris and Neil.jpgthe middle district of Florida, alleging that the Moodys provided false information to investors about their funds.

According to the SEC, from 2003 to December 2008 the Moodys disclosed information to their clients and future investors, which grossly overstated the historical returns and current value of their funds by as much as $160 million. The complaint claims that statements made by the Moodys were based on Nadel's unverified figures. The SEC claims that there were several indications to the Moodys that should have caused them to question Nadel's numbers.

The SEC also claims that the Moodys told investors that they made all of their own investment and trading decisions, when in fact it was Nadel that maintained virtually total control over these decisions. According to the complaint, the Moodys did not exercise any legitimate supervisory role over Nadel, and failed to independently verify any of his numbers.

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January 8, 2010

Richard Elkinson Ran Ponzi Scheme Says SEC in Civil Complaint

January 8, 2010 - The SEC alleges Richard Elkinson operated an investment scam that bilked 130 investors out of at least $28 million dollars, based on a civil complaint filed yesterday. According to the complaint, which was filed in a federal court in Massachusetts, Elkinson ran the scam out of his Framingham, Massachusetts home. Elkinson was arrested earlier this week in Mississippi and a criminal complaint was filed by the U.S. Attorney's Office for the District of Massachusetts.

Elkinson told investors that his business, Northeast Sales, facilitated deals between the Japanese uniform manufacturer and large purchasers including state and local governments and even the U.S. Olympic Committee. Elkinson sought investors to help finance the 50% down payments required for these supposed contracts. To raise these funds, Northeast Sales issued promissory notes with annual interest rates ranging from 9-13%. The SEC alleges that in reality Northeast Sales did not have a relationship with a Japanese uniform manufacturer and no supply contracts actually existed.

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January 7, 2010

Quincy, Massachusetts Accident Injures Three

January 7, 2010 - Taryn Conley, 23 from South Boston, Massachusetts, apparently drifted into oncoming traffic and collided with two other vehicles on Quincy Shore Drive. John Sullivan, 47 from Weymouth, and his passenger Robert McNeil, 47, sustained head, neck, and back injuries. Geraldine Burns, 65 from Scituate, was driving the third car and suffered neck, back and leg injuries. The accident occurred at around 8:45 p.m. on Wednesday night in Quincy.

Witnesses at the scene claimed that Conley was driving erratically prior to the accident. According to the Quincy Police, Conley fled the scene of the accident on foot but was subsequently apprehended. Justin Quilles, 26 from Holbrook and a passenger in Conley's car, was also arrested on an outstanding warrant for a 2009 larceny case.

Both Conley and Quilles were scheduled to appear in Quincy District Court Thursday morning. Conley was charged with operating to endanger and leaving the scene of an accident. Police asserted that alcohol did not appear to be the cause of the accident, but drugs may have been involved.

Sullivan, McNeil, and Burns were all transported by ambulance to Quincy Medical Center and treated for their injuries.

The accident is still under investigation by the Quincy Police.

Source: The Patriot Ledger

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January 7, 2010

Framingham, MA Man Ran Illegal Ponzi Scheme

January 7, 2010 - Richard Elkinson, 76 of Framingham, Massachusetts, was allegedly operating an investment scam out of his home through his company Northeast Sales. The criminal complaint filed by U.S. Attorney, Carmen M. Ortiz' office claims that Elkinson raised $29 million from 130 investors over the last 20 years. On Tuesday, Elkinson was arrested in Mississippi and will be arraigned in Massachusetts in the near future.

Northeast Sales claimed investor capital was used to broker contracts with a uniform manufacturer in Japan. Many of the victims of the alleged scheme were friends and long time colleagues of Elkinson.

According to the Federal Bureau of Investigation ("FBI"), in 2003 or 2004, Elkinson recruited Jay Fialko and Jeff Ross to work as "finders" to induce more investors. Fialko and Ross were both investors in Northeast Sales since 1997 and the two men operate Ross Fialko Capital Partners in Newton, MA. According to the FBI, the two men raised about $10 million for Northeast Sales and received about $200,000 for their referrals. Ross and Fialko cooperated with the FBI and are not expected to be charged criminally.

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January 6, 2010

Newburyport, Massachusetts Injured Scaffolding Workers Recovering After Accident

January 6, 2010 - Gerard Boucher, 48 of Newburyport, Massachusetts, and his co-worker Geraldo Hernandez, 33 from Haverhill, are both recovering from serious injuries sustained when scaffolding collapsed underneath them on December 22, 2009. On Tuesday, Boucher was listed in fair condition at Massachusetts General Hospital. Hernandez is recuperating at home after being released from Beth Israel Deaconess Medical Center.

Boucher and Hernandez were hanging fascia board trim along the second story of the home located at 25-27 Kent Street in Newburyport when the scaffolding collapsed beneath them. The two men hit the concrete sidewalk below and Boucher suffered serious head trauma.

Boucher does a lot of work in the area and his company, G.M. Boucher Contractor, Inc., was performing the renovations to the home at 25-27 Kent Street.

The accident remains under investigation by the Andover office of the U.S. Occupational Safety and Health Administration.

Source: The Daily News

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January 5, 2010

I-93 Four Car Crash Kills One, Injures Two

January 5, 2010 - Vania Teixeira, 29 of Pelham, New Hampshire, has died as a result of serious personal injuries sustained in a four car pileup on Route 93 South. Damien Davis, 34 from New Boston, New Hampshire, and Marilee Colon, 27 from Lowell, Massachusetts, were both injured in the crash. Maria DeSouza, 39 also from Lowell, was not injured in the accident. The crash occurred near Route 133 at 6:43 a.m. on Tuesday.

Teixeira, who was driving a 1999 Toyota Carolla, was taken by ambulance to Lawrence General Hospital, where she was pronounced dead. Davis, who was driving a 2004 Volkswagen Jetta, and Colon, who was driving a 2006 Ford Fusion, were both taken to Lawrence General, where they were treated for minor injuries and released.

According the Massachusetts State Police, Teixeira was not wearing a seatbelt and was thrown from her vehicle. Apparently all of the other drivers were wearing seatbelts.

Route 93 South was closed, with the exception of the breakdown lane, for more than an hour following the crash. The crash remains under investigation by the Massachusetts State Police.

Source: The Lowell Sun

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