{"id":674,"date":"2017-11-28T11:13:06","date_gmt":"2017-11-28T11:13:06","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/?p=674"},"modified":"2023-06-12T13:22:47","modified_gmt":"2023-06-12T13:22:47","slug":"oyster-bay-new-york-former-top-official-charged-defrauding-investors","status":"publish","type":"news_posts","link":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/","title":{"rendered":"Oyster Bay, New York and Former top Official Charged With Defrauding Investors"},"content":{"rendered":"<p>Earlier this month, the SEC charged a town in New York, and its former top elected official with defrauding investors in the town\u2019s municipal securities offerings by concealing the existence and potential financial impact of side deals with a businessman who owned and operated restaurants and concession stands in town.<\/p>\n<p>Several years ago,\u00a0Oyster Bay agreed to indirectly guarantee four private loans to the vendor totaling more than $20 million. Allegedly,\u00a0Oyster Bay and John Venditto deliberately hid the indirect loan guarantees when they should have been revealed in connection with the town\u2019s 26 securities offerings ranging from August 2010 to December 2015.<\/p>\n<p>Click <a href=\"https:\/\/www.sec.gov\/news\/press-release\/2017-213\">here<\/a> to read more.<\/p>\n","protected":false},"featured_media":1858,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news_categories":[10],"class_list":["post-674","news_posts","type-news_posts","status-publish","has-post-thumbnail","hentry","news_categories-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oyster Bay, New York and Former top Official Charged With Defrauding Investors - SilverMillerLaw.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oyster Bay, New York and Former top Official Charged With Defrauding Investors - SilverMillerLaw.com\" \/>\n<meta property=\"og:description\" content=\"Earlier this month, the SEC charged a town in New York, and its former top elected official with defrauding investors in the town\u2019s municipal securities offerings by concealing the existence and potential financial impact of side deals with a businessman who owned and operated restaurants and concession stands in town. Several years ago,\u00a0Oyster Bay agreed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"SilverMillerLaw.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/silvermillerlaw\/\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-12T13:22:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/01\/Payment.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"896\" \/>\n\t<meta property=\"og:image:height\" content=\"597\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@dcsilver\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/\",\"url\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/\",\"name\":\"Oyster Bay, New York and Former top Official Charged With Defrauding Investors - SilverMillerLaw.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/01\/Payment.webp\",\"datePublished\":\"2017-11-28T11:13:06+00:00\",\"dateModified\":\"2023-06-12T13:22:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/#primaryimage\",\"url\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/01\/Payment.webp\",\"contentUrl\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/01\/Payment.webp\",\"width\":896,\"height\":597,\"caption\":\"Payment\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.silvermillerlaw.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oyster Bay, New York and Former top Official Charged With Defrauding Investors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/#website\",\"url\":\"https:\/\/www.silvermillerlaw.com\/\",\"name\":\"SilverMillerLaw.com\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.silvermillerlaw.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oyster Bay, New York and Former top Official Charged With Defrauding Investors - SilverMillerLaw.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/oyster-bay-new-york-former-top-official-charged-defrauding-investors\/","og_locale":"en_US","og_type":"article","og_title":"Oyster Bay, New York and Former top Official Charged With Defrauding Investors - SilverMillerLaw.com","og_description":"Earlier this month, the SEC charged a town in New York, and its former top elected official with defrauding investors in the town\u2019s municipal securities offerings by concealing the existence and potential financial impact of side deals with a businessman who owned and operated restaurants and concession stands in town. 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