Drew Morgan has been accused of stealing more than $1.6 million from clients and various non-profit organizations.
A Rockville Centre man has been charged with stealing millions from non-profit organizations supporting special needs children and from two women whom he acted as financial planner for. Nassau County District Attorney Kathleen Rice announced Wednesday Drew Morgan, 42, allegedly took a total of $1.6 million.
“This defendant lived the high life at the expense of some of our community’s most vulnerable members,” DA Rice said. “Mr. Morgan was trusted to enrich the lives of children and adults with special needs who rely on these charities for socialization, recreation, and an improvement to their quality of life. In the end, however, he revealed himself to be little more than a con man.”
According to DA Rice’s investigation, Morgan embezzled $1,086,453 from the Anchor Building fund as treasurer and board member from February 2008 through January 2013. He abused his power as board member by withdrawing cash without authorization. The account Morgan stole from was responsible for the Anchor Program Fund. The not-for-profit corporation supported Camp A.N.C.H.O.R. (Answering the Needs of Citizens with Handicaps through Organized Recreation.) -a year-round recreation center that serves children and adults with special needs.
Morgan then stole $130,558 between June 2010 and December 2012 from the Corporation for the Exceptionally Challenged Kids. This non-profit corporation was put in place to raise money for Camp A.N.C.H.O.R. and Impact OASIS -a group that promotes acceptance for those with autism by establishing farming centers to promote healthy employment, housing, and community interaction.
Investigators caught Morgan after an investigation into Morgan’s bank records during a separate investigation where he was accused of stealing more than $475,000 from two sisters while acting as their financial planner. He stole $250,000 from one sister, and $225,000 from the other.
During every case of theft Morgan kept the money for himself and spent it on a membership for the Hempstead Golf Club, airline travel, vacations, restaurants, appliances, home furnishings, groceries, gasoline, and credit and debit purchases.
Upon his arrest by DA Investigators, Morgan was charged with Grand Larceny in the First Degree, and three counts of Grand Larceny in the Second Degree. If convicted he will face up to 25 years in prison.