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Matthew Paoni, 52, of Richfield Springs is the former Vice President of Professional Services for Fiberdyne Labs Inc. and was in charge of the companies Fiber Characterization Division. He has been charged with second-degree grand larceny, fourth-degree conspiracy, first-degree scheme to defraud and first-degree falsifying business records. (Photo Courtesy of New York State Police)

Credit: (Photo Courtesy of New York State Police)