Investment Adviser and Father Sentenced After Stealing Over $100,000 From Widow

A New Jersey investment adviser and his father have been sentenced for stealing $175,000 from an elderly widow and using the money to pay off a home equity line of credit.

Fifty-four-year-old Andrew Lesnak, of Toms River, was sentenced Friday to five years in state prison. Eighty-four-year-old Andrew Lesnak, of Hampton Bays, New York, was sentenced to two years of probation.

Both men pleaded guilty in June and provided checks that covered the full amount of restitution.

The younger Lesnak was an investment adviser for the woman and her husband. He convinced the woman to give him power of attorney after her husband died and then turn over an annuity to him.

He then used the money to pay off a home equity line of credit against his father's home in Pine Brook.

Copyright AP - Associated Press
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