Cortlandt Broker Charged with Taking Clients’ Investment Money

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A Cortlandt woman was arraigned yesterday on two counts of Grand Larceny in the theft of investment money from clients in her securities brokerage.

A search by theLoop shows Tamalyn Critchfeld Stewart is also the primary contact for the local chapter of the Candlelight Foundation, a non-profit foundation which helps people mourning the loss of a family member.

The Westchester DA says  Stewart, 55, received approximately $100,000 from one client and $30,000 from another client between February and September 2010. (Her LinkedIn profile is here.)

The defendant is accused of failing to invest the funds as promised and instead using the money personally.   She is due back in court April 2.

Stewart is due back in court on April 2, 2012. Bail was set at $100,000. She faces up to 15 years in prison.

 

 

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