former yonkers public library employee

pleads guilty to stealing overdue fines

 

 

Westchester County District Attorney Janet DiFiore announced that Margo Reed (DOB 01/21/58) of 73-83 Highland Avenue, Yonkers, New York, pled guilty today to:

 

·         one count of Grand Larceny in the Second Degree, a class “C” Felony,

·         one count of False Returns, a class “E” Felony, under New York State Tax Law.

 

Over a seven year period from July 7th, 2004 to December 7th, 2010, the defendant, an employee of the Yonkers Public Library Business Office, was responsible for collecting overdue fines and other revenue from the three branches that comprise the Yonkers Public Library System.

 

She was also responsible for reconciling the money and submitting that revenue to the City of Yonkers Finance Department for deposit.

 

The larceny occurred at One Larkin Center in Yonkers, where the defendant stole approximately $163,582.00.

 

Additionally, the defendant did not account for the money on her New York State tax returns resulting in understating her income.

 

“This defendant, as an employee of the Yonkers Public Library System, over an extended period of time, defrauded the citizens of Yonkers by stealing tens of thousands of dollars in fees that could have been used to purchase books, reading materials and computers for the City’s libraries,” said District Attorney Janet DiFiore. “With the limited resources and tight budgets that exist today throughout government, this kind of crime directly impacts children, students, the elderly and anyone who looks to the public library system as a place of knowledge and enjoyment.”

 

The defendant remains out on her own recognizance.

Sentencing will be on May 3rd, 2012.

 

As part of the sentence a restitution judgment and order in the amount of $163,582.00 will be imposed by the Court.

 

The defendant faces a maximum of fifteen years in state prison.

 

Assistant District Attorney Shara Abraham of the Investigations Division prosecuted the case.

 

 

Margo Reed