Yonkers man pleads guilty to stealing from people posing as investor

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WHITE PLAINS – A one-time
fugitive from justice pled guilty in Westchester County Court on Thursday
to grand larceny charges for defrauding three people of more than $190,000.

John Nemec, 47, of Yonkers, pled guilty before Judge Barry Warhit to three
counts of grand larceny.

The indictment alleged that Nemec fraudulently induced his victims to
trust him and then stole their money.

He told them that he left his short-lived employment as a police officer
years ago to become a financial success in both the film industry and
as a stock trader.

He showed one victim a fake investment account statement showing that
he had over $58 million in personal investments.

Once he 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 the money was transferred, Nemec withdrew it for his own
personal use.




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