Griffin used $1.2 million in defrauded investors’ money to buy luxury items for himself and wife, SEC says
Federal Securities And Exchange Commission files civil complaint against Cazenovia businessman
One week after Cazenovia businessman James P. Griffin was arrested by the U.S. Attorney’s Office and indicted on a $1.6 million scheme to defraud investors since 2009, he has also been charged by the federal Securities and Exchange Commission for defrauding investors, many of them upstate New York residents, who purchased the companies’ securities and so-called “charitable gift annuities.” According to the SEC’s complaint filed in U.S. district court in Syracuse, the alleged scheme raised at least $8 million from 125 or more investors in shares and promissory notes issued by the companies over more than seven years, starting in 2007.
Following news of a study showing that travelers spent a record $62.5 billion in New York State last year, it was announced today that this same study shows traveler spending in the Central New York region rising 4.7 percent in 2014 to a total of $2.015 billion. “This is terrific news,” said Kelly Blazosky, president of Oneida County Tourism and Chair of the Central New York Vacation Region, which includes Broome, Chenango, Herkimer, Madison, Montgomery, Oneida, Otsego and Schoharie counties.
Originally located in Cazenovia, Kimberly’s Ice Cream Factory will celebrate its 10-year anniversary in Manlius on Aug. 13 by re-creating each of the photographs that hang in the store taken more than 10 years ago.
James P. Griffin, Cazenovia businessman and CEO of 54Freedom Companies, was recently indicted on a $1.6 million scheme to defraud investors since 2009.
Cazenovia Equipment Co., Inc. is hosting its 2015 Drive Green Demo Days event at their dealership on July 25. This event will give area residents a chance to check out the latest utility tractors, lawn and garden tractors, loaders, implements and other equipment from John Deere, as well as take advantage of special Drive Green savings.
Madison County is once again offering an opportunity for residents, businesses, farms and institutions to take advantage of reduced pricing and other assistance for purchasing solar photovoltaic (PV) systems through the Solarize CNY campaign. The county will be working with the Canastota-based installation company CNY Solar to help customers understand the benefits and incentives available for solar systems.
In conjunction with its annual open house and sales event later this month, AJ’S Archery will host the IBO World Championship Warm Up to benefit Syracuse-based “Two Smiles One Hope” The event takes place Saturday and Sunday, July 25 and 26, at AJ’S Archery, 3938 Nelson Heights Road in Cazenovia.
For the first time since 1978, Lieutenant General Michael Basla, a retired senior cyberspace officer at the Pentagon, has returned to Cazenovia to live — and to start up a new local distillery that will produce whiskey, bourbon, gin and vodka and become a new member of the Cazenovia Beverage Trail. Basla, along with his son-in-law Patrick Ruddy and his son Adam Basla (who currently lives in Germany), has just returned from a trip to Germany to purchase his distillery equipment, and plans to break ground on his new endeavor, Madison County Distillery, by the end of August.
Shoppers at the Cazenovia Farmers Market who enjoy buying organically grown products from James and Ada Yoder’s Local Roots Farm stand now can purchase a wider array of offerings from the Yoder’s recently opened farm market on Fenner Road. The Yoder family, which is participating for its second year at the farmers market, last year specialized in salad greens and eggs. This year, with the opening of their new market at their farm provide a variety of specialty items like granola and pancake mixes, among other products.
Upstate University Hospital CEO John McCabe, MD, earns top honor from American Board of Medical Specialties
Upstate University Hospital Chief Executive Officer John McCabe, MD, has received the 2015 ABMS Distinguished Service Award from the American Board of Medical Specialties (ABMS). The ABMS is composed of 24 member boards that oversee physician certification in the United States.
The Pewter Spoon Café and Eatery, located on 87 Albany St., is now supplementing the current café by adding an alter ego known as the “tea spoon,” which offers a variety of teas from organic farms all over the world.
Cornell Cooperative Extension (CCE) Madison County has announced that Open Farm Day will be held from 10 a.m. until 4 p.m. Saturday, July 25, at 29 farms and three farmers’ markets throughout Madison County. Open Farm Day is a free, family-friendly event that offers the public the opportunity to tour farms, enjoy food tastings, meet animals and learn about local agriculture.
White’s Farm Supply, Inc. is excited to welcome back Andy Dennison.
Owera Vineyards has been winning medals for the quality of its Cazenovia-made wines for years, and now Madison County’s only winery is seeking to make a new mark on people’s palates with its food. Owera has started the 2015 summer season with a new chef and a new tasting room menu — with all the ingredients coming not just locally, but many from Owera’s own backyard.
Four new 15-minute parking spots potentially will be added to Albany Street in the near future in order to give shoppers the ability to find a convenient space to park while they run quick errands downtown. The village board discussed the potential parking change to add the new spaces — two at each end on different sides of the Albany Street downtown shopping district — at its July 1 meeting.