Advertisement. Advertise with us

Lagan Reportedly

In Federal Prison

Move Avoids Processing In

Harsher NY System, TU Says

Tom Lagan

COOPERSTOWN – According to the Albany Times Union, Cooperstown investor Tom Lagan, 61, is in prison.

The newspaper’s Law Beat section reported Saturday that Lagan, who was a partner in the effort to building a downtown hotel here in 2015, and owns several other properties, surrendered to the federal Marshall’s Office at 445 Broadway in Albany last Monday, allowing him to begin serving time in a federal prison system considered less harsh than the state one.

“The reason he could do that is in August, Lagan pleaded guilty to federal money laundering conspiracy and filing false tax returns. He is scheduled to be sentenced for those crimes on Dec. 12 by Senior Judge Lawrence Kahn,” according to the newspaper.

You have reached your limit of 3 free articles

To Continue Reading

 

Our hard-copy and online publications cover the news of Otsego County by putting the community back into the newspaper. We are funded entirely by advertising and subscriptions. With your support, we continue to offer local, independent reporting that is not influenced by commercial or political ties.

Posted

Tags

Related Articles

This Week: 01-01-26

Click here for individual access to all of this week's articles, columns, letters to the editor, etc., and to view the current newspaper editions online.…
January 1, 2026

This Week: 12-25-25

Click here for individual access to all of this week's articles, columns, letters to the editor, etc., and to view the current newspaper editions online.…
December 25, 2025

This Week: 12-18-25

Click here for individual access to all of this week's articles, columns, letters to the editor, etc., and to view the current newspaper editions online.…
December 18, 2025

PUTTING THE COMMUNITY BACK INTO THE NEWSPAPER

For a limited time, new annual subscriptions to the hard copy of “The Freeman’s Journal” or “Hometown Oneonta” (which also includes unlimited access to AllOtsego.com), or digital-only access to AllOtsego.com, can also give back to one of their favorite Otsego County charitable organizations.

$5.00 of your subscription will be donated to the nonprofit of your choice: Friends of the Feral-TNR, Super Heroes Humane Society, or Susquehanna Society of the Prevention of Cruelty to Animals 

Visit our “subscribe” page and select your charity of choice at checkout

SUBSCRIBE