A Dutchess County man stole $43,000 in equipment from a Putnam County business and sold it as scrap metal, police said.
Putnam County Sheriff Donald Smith said in a Thursday news release that deputies went to an unidentified Patterson business on Aug. 15 to take a report on the theft of well-drilling equipment and related materials.
The case was referred to the sheriff's Bureau of Criminal Investigation, which determined that over a three-week period, Matthew G. Hoag, 20, of West Duncan Hill Road in Dover, had entered the owner's storage building, removed the items and sold them as scrap at a Dutchess recycling firm.
Hoag was taken into custody Friday in the town of Poughkeepsie and was taken to the Putnam Sheriff's Office in Carmel, where he was charged with third-degree burglary and third-degree grand larceny, both felonies, police said.
He was arraigned before Patterson Town Justice Anthony Mole Friday and was released after posting $5,000 cash bail. He is to appear again in Town Court on Sept. 20.
If convicted of either charge, Hoag could face up to seven years in prison, police said.
Court officials did not have an attorney for Hoag listed Thursday afternoon.