Features, Municipal Government, New York

Theft of Bolivar Fire Department Funds

October 23, 2017

By Stephanie West

Bolivar, NY – The former treasurer of the Bolivar Volunteer Fire Department has been charged in the alleged theft of more than $11,000 from the fire department over several years. Amy Olmstead, 47, of Bolivar, in Allegany County, is accused of forging and cashing department checks, and pocketing cash donated at fundraisers – including the “Smile for Christmas” campaign which collects money for toys for local children. She covered her actions by exaggerating bank balances to the board. Her alleged crimes were unmasked when the bank alerted the fire department that its checks were bouncing.

“It’s unacceptable when a public official blurs the line between their private desires and the public’s money,” State Comptroller DiNapoli said. “When that line is crossed, a clear message must be sent that such behavior will not be tolerated. I thank Bolivar Police Chief Steven McPherson and Allegany County District Attorney Keith Slep for their partnership with my office in bringing Mrs. Olmstead to justice.”

Olmstead began working at the fire department in 2014 and served as treasurer from January through September 2016, when she resigned after her alleged fraud was exposed.

“The village of Bolivar’s Police Department, along with assistance from New York State Comptroller’s Office, arrested Amy D. Olmstead after a long investigation,” Chief McPherson said. Mrs. Olmstead was charged with grand larceny in the third degree, a felony, four counts of felony forgery in the second degree, and falsifying a business document.

October 23, 2017

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