State Police: Geneva man stole $17K from employer, made mortgage payments from checking account illegally

On August 23rd New York State Police arrested a 62-year-old Geneva resident following an investigation into stolen funds from an employer’s checking account.

Charles Speedy, of Geneva was charged with third-degree grand larceny.

Police say Speedy is accused of stealing over $17,000 from his employer while he was working as a bookkeeper. Between 2014 and 2016, Speedy made eleven payments to his personal mortgage loan from his employer’s checking account.

These unauthorized payments include a $10,000 check written from the employer’s account to pay down the principal on Speedy’s own mortgage.

Speedy was processed in Canandaigua, arraigned and remanded to Ontario County Jail in lieu of $5,000 cash bail.

He’s scheduled to appear in Geneva Court on Monday.

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