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ALBANY, NY - SEPTEMBER 26: Lorenz F. Kraus appears in Albany City Court on Friday, the day after he was charged with killing and burying his parents in 2017 at their home on Crestwood Court. Albany County Assistant Public Defender Rebekah Sokol stand Expand

ALBANY, N.Y. - An Albany man was arrested and charged this week with killing his parents , after he confessed to the crimes in an interview with a local TV news station.

Investigated for Social Security fraud

What we know:

Lorenz Kraus has been charged with the murders of his parents, Franz and Theresia Kraus, and burying their bodies. The Albany Police Department announced his arrest on Thursday.

In a statement on Facebook , the department said the family was originally being investigated for financial crimes. L

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