People v. Marone

Appeal from a judgment of the County Court of Greene County (Pulver, Jr., J.), rendered September 14, 2004, convicting defendant upon his plea of guilty of the crimes of grand larceny in the first degree (two counts) and scheme to defraud in the first degree.

Defendant was charged in a 26-count indictment with multiple crimes arising from a phony investment scheme under which he defrauded numerous friends and associates of nearly $5,000,000. In satisfaction of the indictment, he pleaded guilty to two counts of grand larceny in the first degree as well as the crime of scheme to defraud in the…