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Monday, August 24, 2009

Cops: City Lawyer Stole $400k

Cops: Spa City lawyer stole $400K
The Albany Times Union by DENNIS YUSKO -August 24, 2009

BALLSTON SPA, NY - A Saratoga County real estate attorney was charged today with stealing more than $400,000 from two people, and Saratoga Springs police say there could be additional victims. Police this morning arrested Patrick M. Reidy, who owns and operates Excelsior Title on Broadway in Saratoga Springs, and charged him with two counts of grand larceny for allegedly taking $272,021 from someone on Jan. 21 and $136,500 from a separate person on July 30, Assistant Saratoga County District Attorney Karen Heggen said. Reidy, 46, allegedly took the proceeds of real estate deals and the use of a home equity loan, according to Saratoga Springs police. He was arraigned today before Saratoga County Court Judge Jerry Scarano, who was acting as City Court judge. Reidy, of 7 Erinn Court, Gansevoort, was taken to the county jail with bail set at $75,000 cash, Heggen said. Reidy is being represented by Albany attorney Michael Koenig, who could not immediately be reached for comment. The investigation is ongoing. If you believe that you may have been a victim of Reidy or Excelsior Title, police ask that you call Investigator John Barney at 584-1800, extension 3524. Dennis Yusko can be reached at 454-5353 or by e-mail at dyusko@timesunion.com.

3 comments:

Anonymous said...

Another Title Company? What's going on? This smells like just another scam from the attorneys at law. Screw them ALL, brother!

Anonymous said...

Typical member of the species attorneyvulgusny or the common NY attorney. He violated the rule of feeding other members of his species to insure his own protection.

Anonymous said...

it our attorneys, someone needs to regulate/fine them while they are committing these acts......
attorneys become our judges and our politicians..

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See Video of Senator John L. Sampson's 1st Hearing on Court 'Ethics' Corruption

The first hearing, held in Albany on June 8, 2009 hearing is on two videos:


               Video of 1st Hearing on Court 'Ethics' Corruption
               The June 8, 2009 hearing is on two videos:
         
               CLICK HERE TO SEE Part 1
               CLICK HERE TO SEE Part 2
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