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Penn Yan man accused of trying to extort money from bank

Rochester Business Journal
May 20, 2014

A Penn Yan man has been charged with extortion after allegedly conspiring in a plot to threaten the family of a Lyons National Bank manager in an attempt to extract cash.

A federal grand jury returned a four-count indictment against Jonathan Karcher of Penn Yan, U.S. Attorney William Hochul said Monday. Charges include allegations that Karcher lied to FBI investigators.

The Penn Yan man allegedly was part of a scheme in which an unidentified caller demanded that the manager of the Lyons National Bank’s Penn Yan branch put $15,000 in a dumpster. To extort the money, the caller allegedly told the bank manager he knew where the manager lived, how many children the manager had and that the car of one of the children was at the manager’s house at the time. 

Karcher was apprehended after he headed for the dumpster where the cash was supposed to have been stashed.

On being questioned, Karcher lied to investigators, claiming he had accidentally dialed the unnamed co-conspirator’s cell phone and then accidentally hit redial three times while the co-conspirator was lurking outside of the branch manager’s house, the indictment states.

If convicted, Karcher could be sentenced to up to 20 years in prison and be fined as much as $200,000.  
    
(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 



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