David Juergens, for Appellant.
Wendy Evans Lehmann, for Respondent.
The order of the Appellate Division should be affirmed.
The defendant was convicted of larceny by false pretenses for his conduct associated with eleven loans at six different banks. A conviction for larceny by false pretenses must be based on evidence that a defendant "obtained title or possession of money or personal property of another by means of an intentional false statement concerning a material fact upon which the victim relied in parting with the property" (P.L. §155.05[2][a]; People v Drake, 61 NY2d 359, 362; People v Churchill, 47 NY2d 151).
Citing Oliner v Mid-Town Properties (2 NY2d 63, 64) and Seneca Wire & Mfg. Co. v Leach & Co. (247 NY 1, 6) defendant argues that, where the victim is a bank doing business as a corporation, the element of reliance may be established only by evidence that the corporate agent who granted final loan approval in the bank's name was the one induced by the false representations. However, in proving reliance, it is sufficient to show that an agent involved in the transaction was induced by defendant's misrepresentations to recommend that the bank authorize the loan.
Here, bank employees who had played a major role in the application and approval process for each of defendant's loans testified that they had relied on defendant's false representations concerning his financial status in recommending that the bank approve his loan requests. Accordingly, the evidence was sufficient to sustain defendant's larceny conviction.
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Order affirmed in a memorandum. Acting Chief Judge Simons and Judges Kaye, Titone, Hancock, Bellacosa and Smith concur.