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Area Woman Admits Stealing $300K From Father, Including Military Pension Area Woman Admits Stealing $300K From Father, Including Military Pension
Area Woman Admits Stealing $300K From Father, Including Military Pension A woman from the region is facing years in prison after confessing that she stole hundreds of thousands of dollars from her veteran father. Schenectady resident Elaine Perkins, age 61, pleaded guilty to grand larceny in Schenectady County Court on Monday, March 4. Prosecutors said Perkins stole more than $300,000 from her elderly father over the course of several years after he was diagnosed with dementia and named her as his power of attorney in 2018. Relatives grew concerned after the woman placed the victim in a rehabilitation home in December 2021. That’s when they started noticing tax…

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by Michael Mashburn
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New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million
New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million Thousands of Bernie Madoff’s Ponzi Scheme victims will soon see some relief, as the Department of Justice begins the latest distribution of nearly $700 million. This week, the Madoff Victim Fund, which was established by the DOJ, began distributing $695.4 million in funds that were forfeited to the government in connection to Madoff’s scheme. The money will be distributed to more than 27,000 of Madoff’s victims, many of whom call the area home. The latest distribution marks the third in a series of payments from the Madoff Victim Fund as part of Madoff’s fraud, which totaled more than $4 bi…

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by Zak Failla