February 15, 2013
A Sovereign Bank office in Bala Cynwyd was robbed Thursday morning by a man who handed a teller a note demanding money and fled with an undisclosed amount. The robbery took place at 10:43 in the GSB Building at Belmont and City Avenues. The robber wore dark-framed glasses, a ski cap, and a dark coat. Anyone with information can call Lower Merion police at 610-649-1000. - Carolyn Davis
January 7, 2016 |
Keystone Property Group has acquired the 245,000-square-foot GSB Building at Belmont and City Avenues in Bala Cynwyd, the developer said in a release Tuesday. Keystone said it plans improvements to the 12-story building, including new elevators and enhanced lobbies and restrooms. The structure sits on eight acres that could be the site of new mixed-use development, the company said. The GSB Building, also known as One Belmont Avenue, was acquired from Maguire & Partners. No purchase price was disclosed.
September 11, 2012 |
Lower Merion Police hope the public can help identify an armed robber. On the afternoon of Sept. 1, a man pointed a gun and demanded money from a clerk at the 7-Eleven at 169. W. City Ave. in Bala Cynwyd. Police describe the suspect as "a black male, 20s, 5'10", wearing a dark colored hooded pullover and white Converse sneakers (Chuck Taylor style). " The man took an unspecified amount of cash and ran away heading west on Oakland Terrace. The store also was robbed on Aug. 28. Anyone with information about the case should contact Lower Merion Police at 610-649-1000.
February 12, 2012
A Bala Cynwyd man who authorities say scammed investors out of millions of dollars using a Ponzi scheme will serve more than eight years in prison. Ira J. Pressman, 64, pleaded guilty in July to fraud and money-laundering charges. He was sentenced Friday in federal court to 97 months behind bars. Pressman had run a company since 2006 that purported to buy and sell closeout and overstock merchandise. He promised annual returns of up to 100 percent, but most of the deals were fictitious, prosecutors said.
November 28, 2012 |
The victim of a fatal skydiving accident last week in Monroe Township was identified by authorities today as Donald Lawrence Morozin of Bala Cynwyd. He was 62. Morozin's death on Wednesday has been ruled accidental, the result of multiple traumatic injuries, according to the Gloucester County Prosecutor's Office. His body was found 300 feet from the parachute landing zone at the Freefall Adventures skydiving school, based in Cross Keys Airport in Williamstown, officials said. Accident investigators found that the certified skydiver, who had performed more than 3,500 jumps, had not pulled the parachute's primary or emergency chords, said Mary Pyffer, trial chief with the Prosecutor's Office.
March 29, 2013 |
You know you're in trouble, Maria Kefalas said sadly, when you're fast-tracked for the Make-a-Wish Foundation. Kefalas, 45, is a St. Joseph's University sociologist whose daughter Calliope, 3, has a rare and untreatable genetic disease, MLD. It's a diagnosis without hope: Most patients don't live beyond age 5. Kefalas, along with her husband, Patrick Carr (also a sociologist), and their three children were sponsored for a trip to Martha's Vineyard over the summer by the foundation, which attempts to enrich the lives of children with life-threatening medical conditions.
March 18, 2012 |
Given the way they've used floor-to-ceiling wall space to display objects and art from the 95 countries they've visited so far, Ronnie Allen likens the Bala Cynwyd condominium she shares with husband Herb to the Barnes Foundation. It's a place like no other, a living history of their lives touring the globe. The Allens moved to the condo in July 2010 from a home just a mile away where they had spent 25 years. Like many retirees - Ronnie taught in the Philadelphia school system for 25 years, Herb spent 40 years teaching environmental chemistry, the last 20 at the University of Delaware - they wanted fewer stairs and less maintenance.
May 17, 1987 |
The talk among the customers down at the Blue Lion was of the forthcoming village carnival and the marketing of spring lambs, but when I told the bartender I was from Bala Cynwyd, Pa., a pub full of Welsh people smiled on me. "Oh, Cynwyd Bala," exclaimed a woman at a nearby table, reversing the words. "I had two boys from there staying with me a few years ago. Both Davids, they were. " The pub patrons made me feel quite at home, which, in a sense, I was. I had traveled from my own Philadelphia suburb and detoured here out of curiosity more than anything else.
July 3, 2016 |
A former Montgomery County stockbroker has been indicted on fraud charges, accused of swindling clients - many elderly - out of $415,000 and spending their money on himself, his family, and to buy a bar on Philadelphia's South Street, the U.S. Attorney's Office said Friday. William Joseph Boyle, 47, of Bala Cynwyd, was indicted Thursday on five counts of mail fraud, three counts of wire fraud, and one count each of securities fraud and investment adviser fraud. Boyle was permanently barred from working as a stockbroker and investment adviser in March 2009.