R5 James McDermott Accused of Stealing From Mother

Disgraced Wall Street banker-turned ex-con (and Briarcliff Manor resident) James McDermott is now being sued by his family for allegedly stealing from his own mother. Convicted of insider trading in 2001, he’s now being accused of “inside stealing” by allegedly helping himself to his mother’s assets while she deteriorates in a nursing home from Alzheimer’s.

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