local digest

Dulles Airport to conduct an emergency preparedness drill to test response

Saturday, May 8, 2010

THE REGION

Dulles drill to test emergency response

The Metropolitan Washington Airports Authority will conduct an emergency preparedness drill at Dulles International Airport from 9 a.m. to about noon Saturday.

The exercise will simulate an aircraft accident and test emergency operations at Dulles, while providing training for airport and emergency crews.

Officials said there will be many emergency vehicles operating near routes 28 and 50 near Dulles, and smoke may be visible. It will all be part of the exercise, they said.

-- Staff report

VIRGINIA

Man pleads guilty to two counts of fraud

A Loudoun County man pleaded guilty Friday in federal court to a scheme reminiscent of the scams launched by New York financier Bernard L. Madoff.

Gregory Vincent Cronin, 49, of Lovettsville defrauded his clients of more than $6.7 million they had given him to invest in blue-chip stocks, federal authorities said.

Cronin operated Innovative Investment Advisors from 2002 to 2009, authorities said. Former clients from Cronin's previous job at a bank gave him money to invest, and Cronin sent them phony statements showing them that their money was in blue-chip stocks and was doing well.

But Cronin never set up separate accounts for his clients, prosecutors said.


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