A judge set a $350,000 bond for a man accused of stealing what could have been most of his 72-year-old mother’s life savings.
Marc D. Brody, 45, was arrested Monday and appeared in Richmond County Civil Court for a bond hearing Thursday. He is accused of stealing $350,000 from his mother’s bank account in 2016, a crime flagged by the bank that has a policy of noting unusual activity in the accounts of elderly customers, Assistant District Attorney Larry Smith told the judge.
Although the theft amount is large and Brody was previous charged with stealing a diamond necklace from his mother – a charge another prosecutor dismissed last month because the victim didn’t want to pursue the case – Smith said he did not oppose bond for Brody.
Defense attorney David Stewart told the judge that the victim wanted Brody to have bond in this case. He is doing well, working and taking care of his family since completing a drug rehabilitation program for opioid addiction. Stewart noted the Brody has had no further problems since the warrant was signed for his arrest a year ago in the bank theft case.
Presiding Judge H. Scott Allen wasn’t assured, however. The warrant stated the victim’s bank account was overdrawn at one point, he said. When questioned, Brody told the investigator he took about $350,000 from his mother because she was old and ill and wouldn’t do anything about it, Allen read from the warrant.
“This is a serous matter. At least I’m taking it seriously,” Allen said. Just because Brody isn’t accused of a violent crime doesn’t mean the victim didn’t suffer significant harm, he added.
Allen told Stewart he would be willing to consider reducing the bond if more information was provided to show the victim would be protected and Brody could be a law-abiding resident while the case was pending.
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