Albany man sentenced for stealing federal funds
ALBANY, N.Y. (NEWS10) -- An Albany man will spend 18 months in jail for stealing federal funds meant for farmers. The U.S. Attorney's Office said Asjid Parvez, 38, stole nearly $1 million in funds from the Inflation Reduction Act.
Officials said the funds were stolen back in 2022, but he did not admit to stealing the funds until last year. The Inflation Reduction Act was designed to financially help people who fell behind of replaying federal farm loans.
The FBI said it has already recovered more than half a million dollars of the stolen money.