New York man charged with stealing $350K from investor by posing as famous fashion designer
State officials say an upstate New York man has been charged with bilking an investor out of more than $350,000 by posing as internationally renowned fashion designer.
Attorney General Eric Schneiderman says 56-year-old William Vogt of New Hampton in Orange County was arrested Tuesday and arraigned in state court in Manhattan. The charges in an 18-count indictment include grand larceny and forgery.
Schneiderman says Vogt posed as a millionaire fashion designer named Bill Boland and claimed to own a clothing company. Vogt is accused of using his fake identity to convince the victim to invest in various fictitious ventures over a three-year period ending in 2014.
Schneiderman says Vogt spent the funds on rent and other personal expenses.
He's being held on $2 million cash bail. His lawyer, Joseph Heinzmann of White Plains, says Vogt pleaded not guilty.