A Webster man who committed a new fraud scheme while awaiting sentencing for a previous one is headed to federal prison.
38-year-old Timothy Siverd was sentenced to over 9 years in jail for wire fraud and aggravated identity theft.
Prosecutors say Siverd was working as a vice president at Tompkins Community Bank in 2021 when he convinced two victims to invest in fake real estate deals, taking more than $500,000.
He pleaded guilty and repaid only one victim, using money stolen from the second.
While on supervised release, investigators say Siverd ran a cleaning company, ROC Scrubby, and pleaded guilty there to changing appointments in the software and charging cards without doing the work.