Albany-Area Town Justice Guilty Of Mishandling Trusts Related Case Against Cooperstown Man Still Pending ALBANY – The state Attorney General’s Office today announced the guilty plea of lawyer and former Town of Guilderland Judge Richard Sherwood for, with an alleged co-conspirator, extracting over $11 million from family trusts they were responsible for overseeing. Sherwood pleaded guilty before Albany County Court Judge Peter A. Lynch to Grand Larceny in the Second Degree (a Class C felony). As a result of these…
Online home of The Freeman's Journal and Hometown Oneonta
Advertisement
Richard Sherwood
READ SCHNEIDERMAN’S COMPLAINT COOPERSTOWN MAN CHARGED IN $4 M FRAUD By LIBBY CUDMORE • Special to www.AllOTSEGO.com COOPERSTOWN – Attorney General Eric Schneiderman brought charges today against an Albany area town justice and Cooperstown developer Thomas Lagan for allegedly siphoning $4 million from the family trusts of a Capital Region philanthropist. “As we allege, the defendants orchestrated a complex scheme to steal millions from trusts they were responsible for protecting,” said Schneiderman. “We have zero tolerance for those who try to…