Tuesday, December 22, 2009
Former Upstate New York Library Treasurer Accused Of Embezzling $280K
Lawrence J. Recor, 64, of Boonville, New York, has been accused of embezzling more than 280,000 from the Erwin Library and Institute, where he had served as treasurer for more than 20 years. According to prosecutors, between June 2005 and July 2008, Recor wrote numerous unauthorized checks from the library's bank account to Recor Associates, his own accounting business account. Recor, who has been charged with one count of grand larceny and 27 counts of falsifying business records, has pleaded not guilty.
Update (3/17/10): Recor plead guilty and was sentenced to 3-9 years in prison, plus ordered to pay restitution. In addition to his thefts from the Erwin Library, Recor also reportedly embezzled more than $150,000 from the Kiwanis Club of Boonville. According to Recor's testimony, he stole the money when his business, Recor Associates, was having financial difficulties.