More Than $1 Million Missing From Waverly Business
A Tioga County man has been accused of stealing a substantial amount of money from the business where he had worked.
Authorities say the business, State Line LLC of Waverly, apparently has lost more than $1 million as the result of the employee's actions.
The state police special investigations unit in Binghamton arrested 31-year-old Adam Madigan of Waverly.
Police say the arrest followed a year-long investigation into the falsification of business records and the misappropriation of vehicle ownership documents belonging to Straight Line.
Investigators say Madigan was arrested last Thursday.