Thursday, October 2, 2025

NYC Man Arrested in Grand Larceny Identity Theft Investigation

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Arrest Made in Identity Theft and Grand Larceny Investigation

New York Man Accused of Stealing Over $50,000

A New York man, Steven Price, 56, was arrested on December 19 in connection with an identity theft and grand larceny investigation in Albany County. Price is accused of stealing over $50,000 from an Albany County resident.

Investigation Reveals Multiple Transactions

According to State Police, in September 2024, troopers received a report from an Albany County resident reporting a theft from a bank account. Upon investigation, troopers determined that Price allegedly withdrew over $50,000 from the person’s bank account, without permission or authorization. Troopers said Price took the money out in numerous transactions in September 2023.

Arrest and Charges

On December 19, Price was arrested in New York and was transported back to the Latham state police barracks where he was charged with Grand Larceny in the second degree and Identity Theft in the first degree. Price was arraigned at the Guilderland Town Court and was then remanded to the Albany County Correctional Facility without bail.

Conclusion

The arrest of Steven Price brings an end to a lengthy investigation into identity theft and grand larceny in Albany County. The incident serves as a reminder of the importance of protecting personal financial information and the consequences of committing financial crimes.

Frequently Asked Questions

Q: What is the alleged amount stolen by Steven Price?
A: Over $50,000

Q: When did the alleged theft occur?
A: September 2023

Q: When was Steven Price arrested?
A: December 19

Q: What charges is Steven Price facing?
A: Grand Larceny in the second degree and Identity Theft in the first degree

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