State Police arrest homebuilder on grand larceny charge

Press Release

On August 19, 2024, the State Police Financial Crimes Unit arrested Paul C. Hodorowski, owner of Hodorowski Homes LLC of Rotterdam, NY, and its subsidiaries, on one count of grand larceny 1^st degree, a Class B felony.

Hodorowski is accused of orchestrating an elaborate check kiting scheme between December 1, 2023, and March 31, 2024. The scheme resulted in a loss to Arrow Financial Corporation, specifically Saratoga National Bank and Trust Company, totaling $1,544,652.59.

Hodorowski was arraigned in the Schenectady County Court Centralized Arraignment and ordered held on $20,000 cash/$100,000 bond.

The Schenectady County District Attorney's Office is prosecuting the case.