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flag Former CFO Kevin Stevens arrested for allegedly embezzling $4M from Albany company over five years.

flag Kevin J. Stevens, 61, of Cohoes, New York, was arrested on January 21, 2026, and charged with embezzling over $4 million from A.E. flag Rosen Electrical Co. between September 2019 and February 2025. flag Former CFO, Stevens faces multiple felony charges including grand larceny, identity theft, conspiracy, and falsifying business records. flag He was arraigned in Albany City Court and held on a $50,000 cash or $100,000 bond. flag The case is being prosecuted by the Albany County District Attorney’s Office with support from state police financial crimes units. flag The investigation remains ongoing.

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