Joseph Lloyd, the Niagara Falls home improvement contractor who faces possible prison after admitting a snow-plow scam, has agreed to pay the $55,000 in restitution and penalites, Attorney General Eric T. Schneiderman announced.
Lloyd, 45, agreed to never again participate in any home improvement, landscaping or snow plowing businesses, the attorney general said.
Lloyd was criminally prosecuted for cheating three couples in Orchard Park and Blasdell out of a combined $17,900 for snow-plowing he never performed in 2014 and 2015, but Schneiderman said his investigators uncovered a number of other home improvement scams.
”This settlement bars Mr. Lloyd from engaging in the snowplowing, landscaping and home repair business, preventing him from preying upon additional consumers,” Schneiderman said.
Lloyd, and the M. Franklin Properties, LLC and M. Franklin Home Improvement Inc. were all listed as parties to the agreement.
Lloyd was ordered to pay $40,000 restitution to customers and pay an additional $15,000 in penalties, according to the settlement.
The attorney geneal praised the handling of the investigation by Assistant Attorney General James M. Morrissey and Karen David, senior consumer fraud representative in the Buffalo Regional Office.
Lloyd pleaded guilty Thursday to first-degree scheme to defraud and third-degree grand larceny. He faces a possible prison term of up to seven years in prison when he is sentenced by State Supreme Court Justice Christopher J. Burns May 19.