Financial Planner Indicted for Stealing More than $1.6 Million from Special Needs Camp & Other Victims
By Long Island News & PRs Published: July 09 2014
Investigation uncovers additional $73,500 in theft.
Mineola, NY - July 9, 2014 - Drew Morgan, a Rockville Centre financial planner charged in October 2013 with stealing more than $1.6 million from the Camp ANCHOR special needs camp and other victims, was arraigned on a grand jury indictment on the same charges today.
As a result of ongoing investigation by the Nassau County District Attorney’s office, Morgan’s case now includes an additional $73,500 in theft from Camp ANCHOR, for a total of $1,159,953.
“Stealing from special needs children is one of the most callous kinds of theft imaginable,” DA Rice said. “Hopefully today’s indictment will help bring the victims in this case closer to justice.”
Morgan, 43, is charged with Grand Larceny in the 1st Degree (a B felony) and three counts of Grand Larceny in the 2nd Degree (a C felony). If convicted of the top charge, he faces a maximum of 8-1/3 to 25 years in prison. He continues to be free on $240,000 bail and is due back in court on Sept. 19.
Assistant District Attorney Peter Mancuso of the Government and Consumer Frauds Bureau is prosecuting the case. Morgan is represented by Gary Farrell, Esq.
The charges are merely accusations and the defendant is presumed innocent until and unless proven guilty.