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ALBANY COUNTY, N.Y. — A Cohoes man has been accused of embezzling millions from his former employer.
Kevin Stevens, 61, served as chief financial officer for A.E. Rosen Electrical Co., Inc.. Investigators allege Stevens stole more than $4 million between September 1, 2019, and February 4, 2025.
Stevens was arrested on January 21 and arraigned in Albany City Court. He faces charges including grand larceny, identity theft, conspiracy, falsifying business records, and forgery.
He was ordered held on $50,000 cash or $100,000 bond.
