12/15/2025 | Press release | Distributed by Public on 12/15/2025 15:02
Concord, NH - Attorney General John M. Formella announces that William Cimikoski, Jr., 59, of Sandy, Utah, has been indicted by the Merrimack County Grand Jury on 10 class A felony counts of financial exploitation of an elderly adult, and 2 class A felony counts of theft by misapplication of property.
The financial exploitation charges collectively allege that between January 27, 2020, and January 26, 2022, Mr. Cimikoski breached his fiduciary obligation as trustee of his elderly father, William Cimikoski Sr.'s, trust by recklessly taking trust funds for his own profit or advantage.
The theft by misapplication charges collectively allege that between March 8, 2022, and March 14, 2022, Mr. Cimikoski obtained funds and a condominium, as trustee of his father's trust, under an agreement to make payments or dispositions to beneficiaries of the trust, and that he recklessly failed to make the specified payments or dispositions and dealt with the funds and property as his own.
In total, the State will allege that Mr. Cimikoski unlawfully obtained more than $400,000.
If convicted, Mr. Cimikoski faces a potential sentence of 7 ½ to 15 years in state prison and a $4,000 fine on each charge. Mr. Cimikoski is scheduled to be arraigned on the indictments on January 9, 2026, at 9:30 a.m., at the Merrimack County Superior Court.
The charges are allegations, and Mr. Cimikoski is presumed innocent unless and until proven guilty.
This case was investigated by Investigator Calice Couchman-Ducey of the New Hampshire Attorney General's Office. The case is being prosecuted by Senior Assistant Attorney General Bryan J. Townsend, II, and Assistant Attorney General Nancy DeAngelis, of the Attorney General's Elder Abuse and Financial Exploitation Unit.
If you or someone you know is a victim of elder abuse or financial exploitation, please contact your local police department or call the New Hampshire Department of Health and Human Services, Bureau of Adult and Aging Services, at 1-800-949-0470.