Grand Larceny Investigation Leads to Arrest in Chemung County

On February 25, 2025, the New York State Police at SP Horseheads were contacted regarding a report of a case of elder financial abuse involving the theft of nearly $92,000 from the victim's bank accounts.

Following a thorough investigation, it was determined the suspect, Steven R. Padgett, age 57, of North Carolina, unlawfully accessed the bank accounts of his elderly parents, making fraudulent purchases and unauthorized ATM withdrawals totaling $91,995.37. The victims were identified as vulnerable elderly individuals.

On June 6, 2025, Padgett was arrested for Grand Larceny 2nd (C Felony). Padgett was taken into custody without incident and processed at SP Horseheads.

He was arraigned in the Village of Horseheads Court, where a full Stay Away Order of Protection was issued on behalf of the victim. Padgett was released on his recognizance (ROR) and is scheduled to reappear in court on August 13, 2025, at 6:00 p.m.