YNN.com

Amsterdam / Mohawk Valley

Change region

  56º

You are not signed in  |  Sign in here  |  Help

You're viewing a lite version of ynn.com

Time Warner Cable customers: Sign in with your TWC ID for video access.

Get my TWC ID. | Get TWC service. | Read the FAQ.

Updated 12/12/2012 07:24 PM

FBI raids non-profits run by Albany priest

By: Web Staff

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

ALBANY, N.Y. -- The FBI raided three Peter Young nonprofit facilities, according to a source close to Attorney General Eric Schneiderman.

Young, an Albany priest, is notable in the Capital Region for his work with drug rehabilitation programs and the needy.

The FBI and Attorney General's office conducted a raid on three offices in Albany, Menands and Schenectady.

An attorney for Peter Young Industries says that two years ago, it was discovered that an employee stole a significant amount of money from the nonprofit organization. That employee was fired and Young contacted the state about the theft.

Young's attorney says financial documents were seized in the raid.

Young is recovering from hip surgery and was not available for comment.