Roglieri’s life of luxury ends with federal prison sentence

ALBANY — Kris Roglieri once dwelled in a Queensbury mansion that held his fleet of high-performance sports cars, Swiss-made watches, and artwork that included a print of John Gotti that Andy Warhol created decades ago for a Time magazine cover story on organized crime.

In the end, all the 46-year-old former finance CEO had left was a criminal conviction, credit for two years of time served and a promise U.S. Marshals would soon deliver him into the same federal prison system where Gotti died of cancer in 2002 while serving a life sentence for racketeering and murder.

U.S. District Court Judge Mae D’Agostino sentenced the founder and CEO of now-defunct Prime Capital Ventures to eight years in prison on Friday. His sentence for wire fraud conspiracy was a nadir for a businessman whose career in lending — and the lifestyle it funded — collapsed amid allegations he took millions of dollars from clients but never delivered the promised loans…

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