A Massapequa man who claimed he could guarantee a 20 percent return on a stock investment in three months on , has been charged with scamming a woman who ponied up $5,000, police said.
Stefans Zaffuuto, a former employee of the Chase Bank on Hicksville Road in North Massapequa approached a 27-year-old woman and made his too good to be true offer.
She met him in the bank parking lot and gave Zaffutto the $5,000. But after the three months passed, he was unable to return the principal or the 20 percent interest, police said.
Zaffutto was arrested at his home Tuesday and charged with grand larceny.
FJDietz
9:51 am on Wednesday, February 8, 2012
The woman who fell for the scam should be arrested for stupidity!
Maxmf
10:11 am on Wednesday, February 8, 2012
Truly
Dick Blair
10:12 am on Wednesday, February 8, 2012
Shoulda, coulda and woulda...bottom line:
Zaffutto arrested at his home and charged with grand larceny.
Tell it to the judge!
Franken Harpo
11:51 am on Wednesday, February 8, 2012
From Newsday.com
It was a deal that sounded too good to be true -- 20 percent interest on a three-month investment of $5,000.
It was too good to be true, according to police.
The alleged scam ended in the arrest Tuesday of Stefans Zaffuto, 27, of 85 Hamilton Ave., Massapequa, who was charged with third-degree grand larceny.
Zaffuto approached a 27-year-old woman in September, telling her she could earn 20-percent interest on a stock purchase, Nassau County police said.
All she had to do, police said Zaffuto told her, was give him $5,000 and wait three months.
She gave Zaffuto the money on Sept. 15, in the parking lot of a Chase Bank branch on Hicksville Road in North Massapequa where he had been employed, police said.
And after three months, police said, the woman asked Zaffuto for the principal and interest -- neither of which, police said, he was able to produce.
She filed a complaint.
He was arrested.
Franken Harpo
11:53 am on Wednesday, February 8, 2012
With special thanks to:
Originally published: February 8, 2012 6:54 AM
Updated: February 8, 2012 7:55 AM
By JOHN VALENTI john.valenti@newsday.com
http://www.newsday.com/long-island/nassau/cops-ex-bank-worker-charged-in-investment-scam-1.3513203?p=
Franken Harpo
12:00 pm on Wednesday, February 8, 2012
PL 155.35 01
D Felony, 1 count, Arrest charge, Arraignment charge
Description:Grand Larceny 3rd Degree
Bill the bad ass
8:54 am on Saturday, February 11, 2012
He scammed tons of people!!! And a lot more than 5000! He should be put away for quite sometime and his side men he says works with him should be responsible to pay back!!!!! Disgusting
Franken Harpo
9:38 am on Wednesday, February 29, 2012
Defendant
Name:Zaffuto, Stefans J
Birth Year:1984
NYSID:11768238K
Incident
Date:September 15, 2011 14:13
Summons/Ticket #:
CJTN:65283247P
Arrest
Date & Time:February 7, 2012 20:25
Arrest #:R0002112
Officer
Agency:NCP
Command:07PCT
Next appearance:
04/23/2012
FP9