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Man steals $500,000 from Lockport business

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Posted at 12:44 PM, May 10, 2019
and last updated 2019-05-10 14:11:30-04

LOCKPORT, N.Y. (WKBW) — The Niagara County Sheriff's Office announced the arrest of a Lockport man for grand larceny in the second degree Wednesday.

The sheriff's office says 42-year-old Michael A. Szafran stole $500,000 from his employer, Hildreth Electric, located on Crown Drive in Lockport.

Szafran's arrest was the result of an eight month investigation.

He was arraigned and released on his own recognizance.