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BAYSHORE, LI-----A Bayshore, Long Island, man has been charged with stealing more than $2.7 million from the estate of an 80-year-old Forest Hills attorney for whom he had been named as executor.
Prosecutors said that Frank J. Moley Jr, 69, of 1348 North Windsor Ave. in Bayshore allegedly befriended an elderly Forest Hills attorney and had himself named as executor of the attorney's estate, which was, at the time of his death, in excess of $4 million. Moley then allegedly used his position of trust to siphon off more than $2.7 million of the assets for his own personal use.
Moley has been charged with grand larceny in the first degree. If convicted, he faces a minimum of five years and a maximum of 25 years in prison.
Queens District Attorney Richard Brown said that, according to the complaint, the victim, William H. Bender, died on May 4, 2001. His will named the defendant both as a person to receive property and as the executor of Mr. Bender's estate. The Surrogate's Court then issued the defendant "preliminary letters testamentary" which allowed the defendant to marshal the assets but not to distribute any assets of the estate to anyone named in the will. The complaint charges that between May 4, 2001 and June 10, 2005, the defendant illegally withdrew $2,774,236 from Mr. Bender's estate.
District Attorney Brown expressed his appreciation to Lois Rosenblatt, the Public Administrator of Queens County, for referring the matter to his office. Ms. Rosenblatt was named the administrator of Mr. Bender's will by Surrogate Judge Robert L. Nahman who invalidated the will naming the defendant as executor and as a person receiving a bequest. 11-18-05
© 2005 North
Country Gazette
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