Bail Set At $25K For Westchester County Man Facing Grand Larceny, Scheme To Defraud Charges Revolving Around Upfront Fees Collected For Purported Foreclosure Rescue, Refi Services

In Peekskill, New York, the Peekskill-Cortlandt Patch reports:

• 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 [] 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.

Source: Peekskill Man Charged in Home Refinance Scam (Police are reaching to anybody who may have been victimized by Anthony Vecchio, 50, Peekskill. Police said Vecchio charged clients for home financing and foreclosure processing, but he never submitted any paperwork).