People v. Farruggia

Judgment unanimously affirmed. Memoranduin: The appellant has been convicted of grand larceny, second degree, in violation of section 155.35 of the Penal Law. The indictment charged that he "feloniously ~tole property, to wit, a sum of United States ~urreney in excess of $1500" from Jeffrey Ring. The gist of the ease is that appellant, after explaining that he was a diamond merchant who could help Ring double or triple his money in 30 days, borrowed $5,000 from Ring. When Ring later demanded the money back, appellant said he needed $3,000 more to cove~ some deficient accounts but that he…