Valued Homes owner sentenced for scheming to defraud over 40 homebuyers

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MOREAU, N.Y. (NEWS10) — The former owner of a modular home sales company, who stole more than $1 million from customers, was sentenced Monday afternoon.

Sherrie Burton, 65, was sentenced to three and nine years in prison on a grand larceny charge on Monday. She was also sentenced to 1 1/3 to four years on defraud charge. The sentences will run concurrently.

The judge also said she must pay restitution.

Burton admitted she bilked clients of large down payments through her South Glens Falls business Valued Homes.

The modular homes were either never delivered, or sometimes delivered, but never assembled. Some customers spent their entire life savings only to be left with a blueprint.

Prosecutors say Burton she spent the money, roughly $800,000, at casinos, dining out and shopping.

Burton claimed the death of her husband to cancer and her son to another illness played a significant role in her behavior, but the prosecutors said the thefts began well before they passed away.

She also had been convicted years before for a similar crime.

Burton was remanded to county jail to begin her sentence.

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