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Capital District Man Sentenced For Fraudulently Obtaining Over $400K For His Business Capital District Man Sentenced For Fraudulently Obtaining Over $400K For His Business
Capital District Man Sentenced For Fraudulently Obtaining Over $400K For His Business The former owner of a book-printing business in the Capital District will avoid prison after admitting that he defrauded a commercial finance company out of hundreds of thousands of dollars. Rensselaer County resident John Paeglow, age 65, of Troy, was sentenced to three years of supervised release and 100 hours of community service Wednesday, July 20, in federal court in Albany after pleading guilty to charges of wire fraud. Prosecutors said that between October and December 2014, Paeglow fraudulently solicited and received more than $400,000 for his business, Integrated Book Technology/Ha…

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by Michael Mashburn