Yonkers man pleads guilty to stealing from people by posing as investor


WHITE PLAINS – A one-time fugitive from justice pled guilty in Westchester County Court on Thursday to grand larceny charges for defrauding three people of more than $190,000.

John Nemec, 47, of Yonkers, pled guilty to three counts of grand larceny. The indictment alleged that Nemec fraudulently induced his victims to trust him and then stole their money.

He told them that he left his short-lived employment as a police officer years ago to become a financial success in both the film industry and as a stock trader.

He showed one victim a fake investment account statement showing that he had over $58 million in personal investments.

Once he gained their trust, he then convinced his victims to transfer their life savings to him and his co-conspirator under the guise that their money would be held and invested on their behalf.

Shortly after the money was transferred, Nemec withdrew it for his own personal use.