Worcester Business Journal

wbjournal.com | March 19, 2018 | Worcester Business Journal 7 Hologic nabs celebrity to push cervical cancer tests Hologic, a medical imaging device giant based in Marlborough, is fighting alongside celebrity Erin Andrews to spread cervical cancer awareness. Andrews, a sportscaster and host of ABC's Dancing with the Stars, will become a spokeswoman for Hologic's We Can Change This STAT Initiative, to encourage women to get regular tests after her own brush with cervical cancer in 2016. Andrews' cancer was found early at a routine exam and treated. Going to her doctor regularly saved her life, she said. Outdoor adventure park coming to Berlin One of the first outdoor adventure parks in Central Massachusetts is on track to open by around Memorial Day in Berlin. The park, called Boundless Adventures, will feature about seven acres of ropes courses and zip lines high up in the trees. The complex will be part of the Riverbridge development just about a mile from the Solomon Pond Mall on the Berlin-Marlborough line. 978.757.3003 • www.devenscommoncenter.com Your destination for corporate meetings! A convenient location in Middlesex County and easily accessed from all major routes, Devens Common Center offers an ideal location for corporate meetings of all sizes and styles, along with two onsite hotels offering 250 overnight room accommodations. Contact us to find out how we can help make your event the very best it can be! Worcester tobacco seller sentenced for tax fraud A Worcester man will serve at least one year in prison after being convicted in federal court of skirting tax laws related to his tobacco business. Mohamed Afeez, 32, was sentenced to one year and a day in prison and three years of supervised release. He must pay more than $970,000 in restitu- tion and forfeiture, according to the U.S. Attorney's Office for Massachusetts. Wholesalers of smokeless tobacco brought into Massachusetts are subject to a monthly excise tax of 210 percent. Afeez found a way around those laws by purchasing from a distributor in tobac- co tax-free Pennsylvania and driving the products back to Massachusetts. Utility supplier moves Northeast HQ to Milford Anixter, an Illinois-based global sup- plier of communication and security products, is relocating its Northeast facility from Delaware to Milford. The company's plans to occupy 102,000 square feet of a building in an industrial park in Milford. The rest of the building is occupied by Amazon as a distribution warehouse. Anixter will operate the Milford loca- tion as a warehouse for utilities, includ- ing Eversource and National Grid. Erin Andrews W Marlborough biz owner, CFO plead guilty to $6M bank fraud The former owner and his CFO of a Marlborough-based frozen seafood dis- tribution company have pleaded guilty to scheming to commit bank fraud. James Faro, 61, of Dover, and John Crowley, 62, of Boca Raton, Fla., owner and CFO, respectively, allegedly over- stated the value of their company, Sea Star Seafood Corp., in order to increase the level of assets against which the company could borrow from the bank. The company from October 2010 to August 2012 maintained an asset-backed loan agreement up to $6 million pursuant to a revolving line of credit. The company largely pledged its inventory and accounts receivable as collateral for the loan, but inflated its accounts receivable. In August 2012, the company informed the bank of a discrepancy of more than $3 mil- lion in its reported versus actual assets, and the company discontinued its oper- ations about a week later. R E A L D E A L Real Deal highlights recent commercial property transactions in Central Massachusetts. Commercial real estate firms that want to submit information on transactions can send it to editorial@wbjournal.com. Sources: Massachusetts land records — Compiled by Zachary Comeau, WBJ staff writer ADDRESS: 517 Main St., Worcester SALE PRICE: $450,000 SELLER: Estate of James Isperuldi & Anna Isperuldi BUYER: Five Seventeen Main, LLC The property, known as the MetroPCS building, was built in 1955. Developer MG2 intends to convert it to a mixed-use retail and residential property.

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