- Associated Press - Thursday, March 6, 2014

ROCKVILLE CENTRE, N.Y. (AP) - A 55-year-old man has admitted stealing at total of $1 million from a Long Island couple, two insurance companies and the state labor department.

Prosecutors say 55-year-old Gerard Timoney pleaded guilty to grand larceny on Wednesday. He’s a former policy issuing agent and ex-owner of TitleGuard Land Services Inc.

According to Newsday (https://bit.ly/1qaI2b6 ), he collected nearly $34,000 in unemployment benefits after his business closed due to criminal misconduct.

Prosecutors say he stole another $37,000 meant to pay property taxes on behalf two homeowners. They say he also stole $870,000 meant for recording deeds and mortgages.

Nassau County District Attorney Kathleen Rice says Timoney “repeatedly abused the trust, not only of homeowners and companies, but of taxpayers.”



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Information from: Newsday, https://www.newsday.com

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