Nemec
WHITE PLAINS – A Yonkers man was arraigned in Westchester County
Court on grand larceny charges after he allegedly defrauded three victims
of more than $190,000.
John Nemec, 46, is charged with three counts of grand larceny and one
count of scheme to defraud, all as felonies. He is also charged with one
count of conspiracy.
Nemec is alleged to have conspired and engaged in a fraudulent investment
scheme to steal over $190,000 from his victims.
Nemec first fraudulently induced his victims to trust him, and then he
stole their money. He showed one victim a fraudulent investment account
statement falsely stating that Nemec had over $58 million in personal
investments. Once Nemec gained their trust, he then convinced his victims
to transfer their life savings to him and his co-conspirator under the
guise that their money would be held and invested on their behalf.
Shortly after their savings were transferred, Nemec orchestrated the withdrawal
of their money for his own personal use.
The alleged scheme began in 2010.
Nemec was located and apprehended early Wednesday morning, May 2 in LaGrange.
If convicted, he faces up to 15 years in state prison.
