MENU
component-ddb-728x90-v1-01-desktop

Four charged in scheme to steal business from Frankfort fiber optics company


Three former employees of a central New York fiber optic products manufacturer and a fourth man have been convicted in a scheme to steal business from the company.


Prosecutors had said the three ex-employees of Frankfort-based Fiberdyne Labs used their insider knowledge while working for the Herkimer County company to divert business to a fictitious company.


Local media outlets reports a judge found two of the former employees guilty of misdemeanor scheming to defraud under the terms of a deal Tuesday that avoided a trial. They were each fined $2,000.


Another pleaded guilty to two counts of criminal trespassing and was ordered to pay $405 to the state for unlawfully receiving unemployment benefits.


The fourth man was ordered to pay a $1,000 fine after pleading guilty to misdemeanor attempted second-degree criminal impersonation for posing as a representative of the fake company.

Trending