Lagan Reportedly In Federal Prison Move Avoids Processing In Harsher NY System, TU Says 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…
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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…