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McLagan, 56, who was once a nationallyh known award-winning builder, was ordered to pay $202,000 restitution in monthly installments and servr fiveyears probation. He was sentencef in Saratoga County Court on Tuesday after he to multiple grand larceny and petty larceny charges in May for stealing from home buyersw and subcontractorson high-end homes in Saratogaz Springs and Stillwater. “Hr fell upon hard took on too much work and overextended himself,” said E.
Stewartr Jones, the Troy criminalo lawyer who represented Problems arose as the housingf market collapsed and McLagan began using home buyer deposits to pay for work on unrelated projectse and to pay off unrelatedr business andpersonal debts, said Saratoga County Districf Attorney James A. Murphy III. The builder was arrested in February 2008 and againlast November. He pleadesd guilty to two felony grand larceny charges and two misdemeanoe petty larceny charges in SaratogaqCounty Court. Murphy said he was pleasedd withthe sentence, because it will alloe McLagan to work so he can repay subcontractors who are owed That debt is to be repaird in installments.
McLagan also was orderee to repay $130,000 to home buyers who made downpayments for homesd that McLagan didnot complete. That case was handledr by a special prosecutor. Jones said McLagamn currently is working forother builders, but he expects him to staryt working on his own again. “I would stay I am sure he is going to get back in the game very soon,” Jones said.
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