For Immediate Release
November 23, 2011
Benjamin J. Agati, Assistant Attorney General
New Hampshire Attorney General Michael A. Delaney announces that Karen Gagne was sentenced on November 22, 2011, for nine felony counts of Theft by Unauthorized Taking and two counts of Theft by Misapplication in the Merrimack County Superior Court. Gagne was sentenced to an aggregate of 10 to 30 years at the New Hampshire State Prison for Women, and incarcerated immediately. A jury convicted Gagne for stealing $514,522 from Jane Fair of Concord between 2007 and 2009. Fair was almost 90 years old at the time of these thefts. Gagne was convicted of stealing the money from Fair's assets, savings, and certificates of deposit. Gagne then used the income to pay her own debts, help purchase a home, and finance her lifestyle.
In imposing the lengthy state prison sentence, Judge Smukler stated that the sentence reflected the considerable amount of monies stolen, the long period of time over which the crime was committed, the effect the crime had on the victim, and the "systematic, thorough and calculating way" in which Gagne isolated the victim from friends and advisors. Judge Smukler referred to Gagne as simply, "a thief and a con artist."
Attorney General Michael A. Delaney stated that, "This Office will continue to investigate and prosecute those who prey on some of our most vulnerable citizens."
Please direct any inquiries to Assistant Attorney General Benjamin J. Agati at (603) 419-0124.
New Hampshire Department of Justice | 33 Capitol Street | Concord, NH | 03301