A Monroe County man is heading to federal prison after admitting to multiple fraud schemes that cost victims hundreds of thousands of dollars.
U.S. Attorney Michael DiGiacomo announced that Timothy Siverd, 38, of Webster, was sentenced to 111 months behind bars. Charles J. Siragusa handed down the sentence after Siverd was convicted of two counts of wire fraud and one count of aggravated identity theft.
Prosecutors say the trouble began in November 2021, when Siverd was working as a vice president at Tompkins Community Bank. According to Assistant U.S. Attorney Nicholas M. Testani, Siverd convinced two people to invest in what turned out to be bogus real estate deals.
One victim paid him about $158,000. After realizing the investments were fraudulent and demanding their money back, the victim received about $108,000 — but that money came from a second victim. That second investor paid Siverd more than $346,000 and never got any of it back.
Even while on supervised release for that scheme, prosecutors say Siverd kept defrauding people.
Between November 2022 and September 2024, Siverd operated ROC Scrubby LLC, a residential and commercial cleaning company. Authorities say he overbilled customers for services that were never performed. Investigators say he altered appointments in the company’s booking software without customers’ permission to increase charges, even though employees did not complete the upgraded services. He also used clients’ credit card numbers without authorization to process the inflated payments.
The case was investigated by Homeland Security Investigations, led locally by Special Agent-in-Charge Erin Keegan, along with the Monroe County Sheriff’s Office under Sheriff Todd Baxter.
