Greg DeRosa, founder of Long Island-based G2D Development Group, was arrested for check fraud after allegedly issuing a bad check from an account with insufficient funds. He faces multiple lawsuits from business partners and lenders, with claims of defaulting on payments. An investor recently won a $5.42 million judgment, alleging DeRosa misused funds for personal expenses. The FBI has reportedly contacted associates regarding his business dealings. G2D has several developments, including projects in Huntington, Hicksville, and Riverhead, though work stalled on a $22 million project in Riverhead. DeRosa previously worked in the sand and gravel industry.
Greg DeRosa
