Press-Republican

May 23, 2013

Former Keene councilor still in jail

By KIM SMITH DEDAM
Press-Republican

---- — ELIZABETHTOWN — A former Keene town councilor remains in jail after his arrest for allegedly bilking his employer of nearly $500,000.

The Essex County District Attorney’s Office said Monday that the case against Lawrence Jaques is still pending.

“There is no comment at this time,” Assistant District Attorney Brian Felton said.

Jaques, 63, was arrested last December after, police say, admitting he stole money while working as a bookkeeper for Torrence Construction Co., based in North Elba.

Police said he wrote checks to himself and cashed them, then made false entries in the accounting books to cover for the misspent money.

He had been employed there since 2000.

In January, State Police investigators said they calculated Jaques had embezzled $467,544 from the construction company by cashing checks written from the firm’s bank account, which he managed.

Police charged the former Keene bookkeeper with second-degree grand larceny and first-degree falsifying business records, both felony charges.

Bail was set at $50,000 cash or $100,000 bond.

Email Kim Smith Dedam: kdedam@pressrepublican.com