Falls man placed on probation in $400,000 fraud - The Buffalo News
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Falls man placed on probation in $400,000 fraud

LOCKPORT – A Niagara Falls man agreed Tuesday to pay $400,000 in restitution to a 74-year-old man from whom he stole the money over a six-year period.

David L. Marsh, 53, of 10th Street, said the amount was “way less” than the amount he actually stole. When he pleaded guilty to fourth-degree grand larceny in May 2013, Marsh was said to have taken $600,000 by means of showing his need with forged legal documents. The money was lost at Seneca Niagara Casino.

Assistant District Attorney Heather A. DeCastro said the revised amount was agreed upon by the sides and the victim, to speed things up instead of holding a hearing to determine the exact amount. DeCastro said the victim “needs the money to live out his life. … It may not be fair, but the victim agreed to it.”

She warned Marsh that he can’t escape this debt by filing for bankruptcy. “This amount is the result of a fraud and is non-dischargeable,” DeCastro said.

Niagara County Judge Sara Sheldon Farkas, who placed Marsh on five years’ probation, ordered minimum payments of $700 a month.

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