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Hofstra student from Wellesley charged with selling stolen property on Craiglist

Posted by Ralph Ranalli April 9, 2008 12:03 PM

A Hofstra University student was arrested by police in Nassau County, N.Y. for allegedly selling stolen property on the internet, the New York Daily News is reporting.

William Panagako, 24, of Wellesley, Mass., was arraigned yesterday on charges he used the classifieds-style Web site, craigslist.com, to hawk a 24-foot boat trailer for $1,500 and a 21/2-horsepower outboard motor for $500. He knew the items were stolen, Nassau County Police Detective Sgt. Thomas Reilly said, according to the newspaper.

The Daily News also quoted Panagako's mother, who defended her son saying he didn't know the items were stolen.

"He's a kid," said the woman, who would not give her name, identifying herself only as Panagako's mother. "He was trying to make some money on the side. He got stuck in the middle of this."

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