
Multi-Million Dollar Wire Fraud Busted By Feds In Albany
Listen, we could all use a little extra cash. Times have been hard on anyone, and most people have had to take up side-hustles just to scrape by.
Most of these take the form of self-started businesses, DoorDashing, or other similar endeavors. One Capital Region man, however, may have taken this idea a little too far.

The Fraud
This all starts with Kris Roglieri, a 45 year old man from Queensbury. Between mid-2022 and January 2024, he ran Prime Capital Ventures, LLC in the Albany area. Prime Capital was sold to clients as a lending business that could obtain large commercial loans for clients.
Through this, Roglieri obtained tens of millions of dollars from his "clients", which he used to make massive personal expenses like private jet trips and expensive jewelry, as well as paying back previous clients of his. He wasn't exactly quiet about this either, flaunting his newfound wealth to anyone who would give him the time of day.
The Jig is Up
Roglieri was arrested on May 31, 2024 after a criminal complaint was filed. He was found to have two co-conspirators, Kimberly Owen and her brother Christopher Snyder of Virginia Beach, both of whom also await sentencing.
Roglieri will face a judge on March 11th, 2026, and faces up to 20 years in prison as well as a $250,000 fine. In addition, he'll have to pay restitution to his victims and give up everything he may have purchased with the stolen funds. Roglieri has already plead guilty to his charges, so this trail should be an open and shut case.
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