Real believers in ny const art 1 sec 3 who seek to liberate Nassau otb employees and bettors from queen kathy gangsta Hochul who says ny const art 1 sec 3 is hocus locus because her husband told her so
We be
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She is not the Pope
Come get your cash boys looks like you need a good case and some positive public relation
We bet woodbine etc Sunday april 27 at Nassau otb
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Stop scratching on holidays
Published: June 1, 2012
Off Track Betting in New York State has been racing into a crisis called shrinking revenue. Some people have spitballed a solution: Don’t close on holidays.
New York State Racing Law bars racing on Christmas, Easter and Palm Sunday, and the state has ruled OTBs can’t handle action on those days, even though they could easily broadcast races from out of state.
“You should be able to bet whenever you want,” said Jackson Leeds, a Nassau OTB employee who makes an occasional bet. He added some irrefutable logic: “How is the business going to make money if you’re not open to take people’s bets?”
Elias Tsekerides, president of the Federation of Hellenic Societies of Greater New York, said OTB is open on Greek Orthodox Easter and Palm Sunday.
“I don’t want discrimination,” Tsekerides said. “They close for the Catholics, but open for the Greek Orthodox? It’s either open for all or not open.”
OTB officials have said they lose millions by closing on Palm Sunday alone, with tracks such as Gulfstream, Santa Anita, Turf Paradise and Hawthorne running.
One option: OTBs could just stay open and face the consequences. New York City OTB did just that back in 2003. The handle was about $1.5 million – and OTB was fined $5,000.
Easy money.
Lawyer Shot in March Standoff Is Sued by SEC Over Alleged Ponzi Scheme
Authorities say Nevada attorney confessed to running operation that raised around $450 million from investors
The SEC says in its complaint that defendants used the bulk of investor money to fund lavish lifestyles.
PHOTO: ARIEL ZAMBELICH/THE WALL STREET JOURNAL
The Securities and Exchange Commission accused a Las Vegas lawyer and six other men of violating federal securities law for their involvement in an alleged Ponzi scheme that raised around $450 million from investors.
Authorities said the alleged scheme unraveled last month when attorney Matthew Beasley confessed to running a Ponzi scheme after he was shot by federal agents who had come to his house March 3. In a Ponzi scheme, early investors are paid with funds raised from later investors while the money raised is generally not invested
Mr. Beasley and Jeffrey Judd, president of J&J Consulting Services Inc. and two similarly named entities involved in the alleged scheme, were identified as defendants in an SEC suit, along with five men who worked to promote the companies and attract investors in return for commissions.
Las Vegas lawyer Matthew Beasley is identified as a defendant in the SEC’s suit.
A lawyer for Mr. Judd in civil matters said he was a victim of Mr. Beasley’s misrepresentations. A lawyer for Mr. Beasley didn’t immediately respond to requests for comment.
J&J raised funds from investors, saying the firm was providing advances to people who had settled personal-injury lawsuits. Promoters for the firm said the investments provided high returns with no risk.
The SEC said in its complaint that the purchase agreements were fictitious and that those charged allegedly used the bulk of investor money to fund lavish lifestyles including purchases of real estate, a private jet, boats and numerous luxury cars. Mr. Beasley used the cash to pay off gambling debts, according to the complaint.
In their recruiting efforts, Mr. Judd and the J&J entities made materially false and misleading representations to investors, the agency alleged in its complaint. The promoters violated federal securities law by acting as unregistered brokers, the agency alleged.
Mr. Beasley acted as a lawyer for J&J and drew up fake purchase agreements that were sometimes provided to investors, the SEC alleged. Investors wired much of the funds raised by J&J to a bank account controlled by Mr. Beasley’s law firm, which received at least $449 million from investors according to the SEC.
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