On June 10, 2010 the State Police in Clifton Park arrested Regina Falco, the owner of R Falco Insulation in Clifton Park, was arrested on Thursday, June 10, for allegedly stealing more than $50,000, according to State Police reports.
Falco was charged with grand larceny in the second degree for stealing the money from her finance company, Sierra Capital, according to reports. Falco was also arrested for multiple counts of forgery in the second degree and falsifying business records in the first degree. Falco was arraigned in the Town of Halfmoon Court and released on $30,000 bond. She will reappear Wednesday, June 23.
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