A Carmel woman has been arrested on a grand larceny charge. New York State Police Troopers were contacted earlier this month by a Queens’ man who reported that someone had withdrawn over $2,000 from his 401K account. The deduction, including taxes, totaled over $3,000.
An investigation revealed that a family member, 55 year old Bonnie Garvey, had applied for a hardship loan from the victim’s account and forged his name on the loan documentation.
Garvey was also charged Wednesday with felony Forgery. She was arraigned yesterday and remanded to the Putnam County Jail in lieu of $5,000 cash bail or $10,000 bond.