The Times
  • NY accountant pleads guilty to swindling clients

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  • A 61-year-old central New York accountant has pleaded guilty to stealing hundreds of thousands of dollars in other people’s money to pay debts and renovate his office.
    The Utica Observer-Dispatch reports that Craig Podosek of Clayville pleaded guilty Wednesday in a Utica court to felony counts of grand larceny and scheme to defraud.
    Prosecutors say the Utica accountant was treasurer for a church in the town of Paris when he stole about $380,000 from the organization in order to pay a personal debt. Then he bilked two clients out of thousands of dollars to pay back the church in what authorities referred to as a Ponzi-like scheme.
    Podosek has already paid back some of the stolen money.
    His sentence hasn’t been determined.
    Information from: Observer-Dispatch, http://www.uticaod.com
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