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News Release

For Immediate Release
April 20, 2010

Contact:
Assistant Attorney General Philip Bradley
Senior Assistant Jeffrey S. Cahill
(603) 271-1246

State v. Karen Gagne
Woman Indicted for Stealing over $500,000 from Resident of Retirement Home

Attorney General Michael A. Delaney announces that Karen Gagne, age 55, of Sanbornton, has been indicted by a Merrimack County Grand Jury for allegedly stealing over $500,000 from an elderly resident of the Pleasant View Retirement home in Concord. The alleged thefts occurred between January of 2007 and March of 2009.

There are nine class A felony charges of theft by unauthorized taking, ranging from $7,000 to $184,966. There are also two alternative charges of theft by misapplication, alleging that Gagne recklessly diverted funds that were supposed to be paid to the retirement home. Most of the indictments allege that Gagne committed the thefts by transferring the victim's money to her own bank accounts and then using the funds for her own purposes. One of the charges also alleges that in January of 2008, Gagne wired more than $71,000 directly from the victim's account for use in buying a home for herself. Gagne was a friend of the victim and was supposed to be helping her with the management of her finances.


New Hampshire Department of Justice | 33 Capitol Street | Concord, NH | 03301
Telephone: 603-271-3658