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AG: Saratoga Springs man admits $1M money laundering scheme; Defrauded victims through Wilton-based companies


AG: Saratoga Springs man admits $1M money laundering scheme; Defrauded victims through Wilton-based companies | The Daily Gazette
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ALBANY A Saratoga Springs man has pleaded guilty to defrauding multiple victims in a $1 million scheme run through two construction companies he owned, the state Attorney General’s Office and state police announced Tuesday.
Shawn M. VanVeghten, 39, pleaded guilty Tuesday to one count each of second-degree money laundering and first-degree scheme to defraud, felonies.
He admitted that from at least July 2016 to May 2020 he schemed to defraud homebuyers and others and laundered money embezzled from his victims.
He was arrested in September on a series of felony and misdemeanor charges and arraigned on an indictment earlier this month. ....

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