The investigation by the Saratoga Springs Police Department started in July after a member of the St. Clement's Finance Committee contacted them regarding the suspected thefts.

Police arrested Charles Walling, 56, on six counts of second-degree forgery, six counts of first-degree falsifying business records, one count of third-degree grand larceny, and one count of first-degree scheme to defraud.

Walling is accused of stealing $33,303 from the sale of t-shirts and souvenirs at the St. Clement's Horse Show over the past several years.

According to investigators, Walling would order shirts that were sold at the horse show, submit falsified invoices in an amount larger than the actual cost of the shirts, and then keep the difference. Police said the invoices were forged in the name of a real company and submitted to the St. Clement's Horse Show, which would pay him the amount listed on the invoices.

Walling was arraigned in Saratoga Springs City Court Tuesday morning and is scheduled to be back in court in October.