NEW YORK (AP) -- A Long Island man has been indicted by a Bronx grand jury for allegedly taking more than $142,000 to make repairs or begin home improvement jobs for Bronx homeowners, but never doing the work.
The Bronx district attorney said John Arceri, 45, is indicted on grand larceny, scheming to defraud and petty larceny.
His attorney said most of the customers have gotten refunds, and that his construction business has closed.
The Bronx D.A. said Arceri stole from 22 Bronx homeowners between June 1 and Nov. 30, 2006. The D.A. said Arceri insisted on large down payments. He then would disappear for months wiithout doing any work.
The New York City Department of Consumer Affairs was flooded with complaints and notified the district attorney.
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Money Markets and More for Wednesday, February 10, 2010
Snow in Washington, D.C., puts some testimony of interest to Wall Street on hold. Staying connected can cost you; many consumers are spending a bundle on electronics. Did e-tailers get a boost from holiday shoppers?
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