Former Exec. Gets Guilty Verdict in Nassau Insurance Case - 2004-01-21
A former health insurance executive alleged to have been the mastermind in an insurance scam that cost Nassau taxpayers millions of dollars was found guilty on Wednesday of avoiding $1 million in income taxes, prosecutors said.
Prosecutors had reported that Mr. Isernio lost hundreds of thousands of dollars wagering on blackjack at casinos in the Bahamas, Atlantic City and Nevada, sometimes wagering $5,000 on a single hand.
Read the full story at New York Times