A 50-year-old Peekskill man faces grand larceny charges after he allegedly bilked residents with a home refinancing scam.
Anthony Vecchio is scheduled to appear in Peekskill court Thursday after city police arrested him and charged him with fourth-degree grand larceny, a felony, and scheme to defraud, a misdemeanor.
Vecchio allegedly obtained money from residents for refinancing and foreclosure on their homes, but never processed the required paperwork. Police said they arrested Vecchio following a six month investigation.
Vecchio was arraigned and sent to Westchester County Jail with bail set at $25,000.
Police believe that more victims exist and ask that they come forward by contacting Det. Todd Gallaher at (914) 862-1438.