Albany Times Union

Embattled loan broker reveals pricey art, guns

- By Larry Rulison

ALBANY — Kris Roglieri, the Albany loan broker who is facing felony weapons charges after an FBI raid on his home in February, has extensive gun and fine art collection­s, including a $100,000 Andy Warhol print of infamous Gambino crime boss John Gotti.

Roglieri revealed the trove in a recent bankruptcy court filing where he listed items that can be used to pay back creditors he owes money. The 44-year-old businessma­n filed for bankruptcy earlier this year after about a dozen lawsuits were filed by plaintiffs who accused him of stealing millions of dollars.

The gun collection includes a variety of revolvers, rifles and shotguns, including a $3,000 Browning Citori 20-gauge shotgun.

Roglieri valued his art collection at more than $800,000. A copy of the Gotti print, created in 1986, decades after Warhol’s prime and the year before his death, was used by Time magazine for a cover story headlined “Mafia on Trial.”

Roglieri’s bankruptcy attorney, Joseph Charles Barsalona II, did not immediatel­y respond to a request for comment.

Roglieri is the CEO of Prime Capital Ventures and several other Albany-based companies operating in the commercial loan sector.

The FBI has raided Roglieri’s Queensbury home twice since February as part of an apparent criminal investigat­ion into his operation of Prime Capital, a firm he founded in 2021 to provide large lines of credit to commercial real estate developers and high-tech firms.

Over the past year, Roglieri and Prime Capital have been named in several lawsuits alleging he and his firm pocketed tens of millions of dollars in cash deposits intended to secure the lines of credit.

The lawsuits allege that

Roglieri never extended the lines of credit but kept the cash deposits, totaling upwards of $90 million. A court-appointed receiver authorized to wind down the company’s operations has alleged Roglieri was operating a Ponzi scheme.

The FBI has raided Roglieri’s home at least twice. During a search of his Queensbury mansion in early February, a dozen luxury cars were seized by federal investigat­ors. The Warren County deputies charged him with two felony weapons charges in the local town court after authoritie­s found an Ar-15-style semi-automatic rifle and oversized magazine in alleged violation of state law. Roglieri is expected to appear in court in mid-april.

Roglieri has maintained his innocence. He faces no charges in the financial probe.

The FBI and the U.S. Attorney’s office in Albany have declined comment.

 ?? Warren County ?? The $1.2 million home that Kris Roglieri owns in Queensbury on 14 acres on North Road. Roglieri revealed in a recent bankruptcy court filing that he owns a valuable fine art collection, including an Andy Warhol print worth $100,000.
Warren County The $1.2 million home that Kris Roglieri owns in Queensbury on 14 acres on North Road. Roglieri revealed in a recent bankruptcy court filing that he owns a valuable fine art collection, including an Andy Warhol print worth $100,000.

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