Indictment Involving Alleged Theft From A Monroe County Project

Oct 15, 2013

There's been an indictment in connection with the investigation involving a local development corporation in Monroe County.

The NYS Attorney General and NYS Comptroller  have announced the indictment of Daniel Lynch. The 50 year old is a former sales executive for Siemens Building Technologies and current president of Treadstone Development Corporation.

He is accused of stealing $75,000 from Siemens and The Upstate Telecommunications Corporation.  UTC is what is called a 'local development corporation, '  which is a not-for-profit organization that contracts with Monroe County to provide upgrades to the county's information technology and copier systems.

Lynch is charged with one felony count of grand larceny, and also two counts of falsifying business records, which are also felonies. He pleaded not guilty and was released on his own recognizance.

The indictment accuses Lynch of causing Toshiba Business Solutions to submit false invoices to Siemens to pay for a portion of a tent at the 2008 Senior PGA Championship at Oak Hill.

The Democrat and Chronicle reports that the indictment is the first of what is expected to be a series of indictments related to the investigation of some local development corporations.