BUFFALO, N.Y. (WIVB) - A lengthy prison term now looms for a postal carrier who ripped off an elderly veteran.
Erie County District Attorney Frank Sedita says 63-year-old Peter Saraceno of West Seneca was a postal carrier who deliver mail on Cambridge Avenue on Buffalo's east side, where, years ago, he befriended a 78-year-old reverend and military veteran.
Saraceno eventually became a joint account holder on the elderly man's bank account, and over the past seven years, after the man became wheelchair-bound and moved to a veterans nursing home in Batavia, Saraceno stole $400,000 by writing checks to himself and making ATM withdrawals.
The postal carrier says he took the money because he was depressed and claimed that casino gambling with that money helped his depression. Now he could face up to 15 years in jail when Judge Michael D'Amico sentences him on September 27.
Saraceno retired nine days ago, on his 30th year with the postal service. As a result, despite his guilty plea, Saraceno will keep his pension.
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