SCHENECTADY, N.Y. - A task force within the FBI and the state Attorney General's office raided three office Wednesday in the Capital Region, two in Albany and one in Schenectady, all linked to the Peter Young Housing, Industries and Treatment program, a non-profit organization started by Father Peter Young decades ago, a priest in the Albany diocese.
The Attorney General's office did not give much comment as to what exactly the investigation is in connection to, but a spokesperson for Peter Young Housing Industry Treatment says the search warrants involved financial documents.
Members of the FBI task force spent hours clearing out documents and computers from a location on Duane Avenue in Schenectady. In addition, two other locations were searched, including the Schuyler Inn in Menands and an office on Eagle Street in Albany.
Those locations are just some of the 117 sites under the umbrella of the Peter Young Industries, which provides housing, drug and alcohol treatment and jobs to those in need.
In a statement Wednesday on behalf of the Peter Young Industries, a spokesperson writes: "The organizations have been subject to annual independent audits each year over the past 20 years, with no findings of impropriety. Approximately two years ago, the agency internally uncovered wrongdoing by an employee. An internal investigation was conducted which discovered theft of a significant amount of money. The employee was terminated, as were other employees who were aware of the theft."
While the specifics of the search warrant have not been released yet, the statement also emphasized that the financial documents seized Wednesday had already been made fully available by Father Young's staff to the state auditors, without the need for a search warrant.
The spokesperson for Father Young says he is recovering from recent surgery and has not been at the program site for some time. He was not available for comment.
The Attorney General's office says more information regarding Wednesday's search and the investigation will be made public Thursday.
341 Northern Blvd., Albany, NY 12204
Can’t find something?
All content © Copyright 2000 - 2014 Young Broadcasting of Albany, Inc. A Media General Company.