Local News
Related Photos
-
Skys Submitted Photo
Discussion
Former resident pleads guilty to federal fraud charges
A former Rockwood resident and head of Kaiser Himmel Corp. pleaded guilty Wednesday in federal court to securities fraud, said the U.S. Attorney for the Southern District of New York.
Eric Skys, 26, former Kaiser chairman, president and CEO, pleaded guilty to all five counts of an indictment charging him with securities fraud, wire fraud and bank fraud.
Federal authorities said Skys engaged in a scheme to defraud Citibank of more than $80 million.
In August 2007, Skys tried to obtain a loan from Citibank in exchange for pledging millions of shares of Sprint Nextel Corp. stock that he claimed to own.
During his guilty plea, Skys admitted that he owned no such stock and had forged the documents he submitted to Citibank.
Skys faces a maximum of 30 years in prison when he is sentenced Nov. 6.
In other police-related news:
Assault trial postponed
The aggravated assault trial of Stephen C. Shesko, 61, of Seward, in connection with the death of a Belsano man has been delayed until the December term of Indiana County court.
The case had been scheduled for trial in the August criminal court term.
Police said Shesko beat Erick D. Melius, 28, in a quick, bloody fight in November.
Melius was treated for a broken nose at Memorial Medical Center but checked himself out the same day. He died two days later.
A revised pathology report said Melius may have died of drug toxicity, so murder charges initially filed against Shesko were dropped.
Authorities believe the confrontation began when Melius taunted some Amish men in Shesko’s hunting party.
2 accused of copper theft
Two Cambria County men have been arrested on charges of stealing copper wire from Torrance State Hospital in Derry, Westmoreland County, between June 1 and July 22.
Richard Bishop, 30, of Carrolltown, and Greg Gillen, 44, of Johnstown, were charged Monday, state police from Greensburg said.
Both are charged with unlawful taking and receiving stolen property.
A fingerprint order has been requested, police said.
Altercation leads to charges
Three Somerset Borough residents are being cited for disorderly conduct and harassment following a physical altercation Tuesday evening in the 800 block of Village Way.
Police identified those being cited Thursday as Herbert Shalley Jr., Tina Layman and William Shalley Sr.
- Local News
-
-
‘Reunion time’: Cambria City fest draws tens of thousands
Monsignor Raymond Balta of St. Mary’s Byzantine Catholic Church on Power Street prounounced this year’s Cambria City Ethnic Festival successful on Sunday evening shortly before the 22nd annual event drew to a close.
-
Cambria officials threatened
An inmate at the State Correctional Institution-Cresson has been charged with making written threats against several elected officials, including Judge Patrick Kiniry, District Attorney Kelly Callihan and District Judge Charity Nileski.
-
Milder winter in store, weather experts say
With recollections of last year’s record snowfall, blowing winds and closed roads still fresh in the minds of many Cambria and Somerset county residents, weather prognosticators are promising improvements for the upcoming winter of 2010-2011.
-
MICHELE M. BENDER | School’s first day can be hard on everybody
I don’t remember my first “first day of school.” There are, after all, 13 “firsts” between kindergarten and senior year.
-
Person of the week: Comfort food
Rita DeMarco has a good recipe for helping people.
First she looks for the needs of others then mixes the ingredients – food and other caring souls. -
Holy Name Elementary celebrating centennial
After 100 years, Catholic education is still thriving at Holy Name Elementary School.
As a way to celebrate the milestone, school officials are planning a week of festivities to usher in the centennial. -
Cycle run to benefit paramedic
The Blacklick Valley Foundation and Ambulance Service will hold a benefit motorcycle run – “Haulin’ for Heitz” – for Brian Heitzenrater on Sept. 18.
-
In brief: Somerset driver hurt in crash
One of the drivers was injured in a two-vehicle crash Saturday on the exit ramp from Route 219 in Somerset Township leading to Route 601.
- District Deaths Sept. 6, 2010
-
Research institute seeks entries for essay contest
With Breast Cancer Awareness Month on the horizon, Windber Research Institute is holding an essay contest for kids 14 and younger.
- More Local News Headlines
-
