Mom and son steal more than $400K from her workplace
GUILDERLAND — After a bank contacted her company about discrepancies in its accounts, Randi Smith and her son, Dakota, were arrested on May 8 by the New York State Police for embezzling more than $400,000 from her Guilderland workplace, according to spokesman Trooper Mark Cepiel.
Randi Smith and Dakota Smith were each charged with second-degree grand larceny and second-degree criminal possession of stolen property, both felonies.
Randi Smith, 53, of Amsterdam, served as the chief financial officer and operations manager in the corporate office of the New York State Weatherization Directors Association; she was responsible for managing the company's finances, Cepiel said.
Founded in 1985, the association provides a collective voice and influences public policy for directors of the Weatherization Assistance Program across the state; it also offers training and acts as an advocate for low-income and handicapped residents, according to its mission statement.
Over the course of several months, Randi Smith wrote checks to herself and to her son’s company, Adirondack Concrete Cutting LLC, totalling more than $400,000, state police say.
The complaint came from the company’s home office in Syracuse, Cepiel said, after it was notified by its bank of discrepancies in its accounts.
Randi Smith was arrested at her office, at 2 Charles Blvd. in Guilderland, while Dakota Smith, 23, of Saratoga Springs, was arrested at the counter area of the Albany International Airport, Cepiel said, adding that information had been developed that the younger Smith was about to board a flight to California. The state police had learned, Cepiel said, that “tickets had been purchased.”
The state police had its Financial Crimes Unit “take a look at things, to verify what the bank had discovered,” Cepiel said. For that reason, he said, the arrests were made four days after the company made the complaint.
Mother and son were arraigned in Guilderland Town Court and remanded to Albany County’s jail without bail.