REAL ESTATE AGENT ARRESTED FOR THEFT

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                                                              Peggo Ferko, Age 51
 

In April of 2013, detectives with the Berks County District Attorney's Crime Unit initiated a financial investigation into reported allegations of theft committed by Peggy Ferko of Leesport, Pennsylvania.

The victim became acquainted with Ferko through his mother and sister. When they passed away, Ferko assisted the victim with selling their homes. A couple of months after the victim's mother passed away, Ferko sent the victim a "Phishing" type e-mail regarding an investment opportunity. "Phishing" is an attempt to acquire information from an individual by another masquerading as a trustworthy source via electronic communication.

During the investigation, detectives learned that between August 2010 and October 2012 the victim sent Peggy Ferko $217,000 via checks and electronic transfers. The victim was led to believe that Ferko was utilizing these funds to purchase an apartment building, make repairs to that building and later to purchase stock in a pharmaceutical company. Ferko never used any of the funds for those investments. A review of her financial records revealed that the funds were used for her personal payments to casinos, loan companies and credit card companies.

As a result of the investigation, detectives obtatined a warrant of arrest for Peggy Ferko on the charges of Theft by Deception and Receiving Stolen Property. The warrant was issued by Magisterial District Judge Ann Young on January 17, 2014.

On January 28, 2014, Ferko surrendered to Berks County Detectives. Ferko was arraigned and bail was set at $5,000. Ferko remains free on bail.