Bazooka No! Manhattan DA accuses Bronx man of bilking $1.2M from bubblegum company

A Bronx man has been indicted for allegedly stealing a million-dollar check from the Bazooka bubble gum company, the Manhattan district attorney’s office announced this week.

According to DA Alvin Bragg, Williams created a fake business account in October 2022 – The Bazooka Companies 1 Inc. – to deposit the check and launder the money. Over the next few weeks, Williams issued checks from that company to four other people, also named in the indictment, for things like “renovations,” “business loans” and “packaging preorders.”

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Group allegedly created fake company to steal $1.2 million from Bazooka bubble gumKashawn Williams came in possession of a check for just over $1.24 million from a Texas-based company in Oct. 2022, after it was sent to a Manhattan address…
Source: NBCNewYork - 🏆 270. / 63 Read more »

The U.S. stocks set to benefit most from China's 'bazooka' stimulus, according to BarclaysA major stimulus deal coming out of China could offer a windfall for some U.S. stocks with ties to the world's second-largest economy, according to Barclays.
Source: CNBC - 🏆 12. / 72 Read more »