03/20/2026
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STATE POLICE: FORMER FULTON MONTGOMERY CHAMBER DIRECTOR ARRESTED FOR EMBEZZLING OVER $440,000
On March 20, 2026, State Police, with the assistance of the New York State Comptroller’s Office, arrested Marybeth C. Shults, 32, of Canajoharie, NY, for:
Grand Larceny 2nd, a class “C” felony
Possession of a Forged Instrument 1st, a class “C” felony
Falsifying Business Records, 1st, a class “E” felony
On February 26, 2026, troopers began investigating suspicious bank activity in Amsterdam. The investigation determined that Shults, the Executive Director of the Fulton Montgomery Regional Chambers of Commerce, allegedly used more than $160,000 belonging to the “Promote Gloversville Development Corporation” to pay a personal debt on a residence in February 2026. During the crime, she reportedly falsified the required authorizing signatures to transfer the large sum of money.
Further investigation determined that from July 2025 until February 2026, Shults allegedly made numerous additional purchases using funds belonging to the Fulton Montgomery Regional Chambers of Commerce, resulting in the theft of more than $315,000. Those purchases included a vehicle down payment, an agricultural tractor, an agricultural wagon, multiple snowmobiles, an all-terrain vehicle (ATV) and a utility task vehicle (UTV). All purchased items were determined to be for Shults’s personal use and personal gain. None of the purchases were known or approved by members of the Fulton Montgomery Regional Chambers of Commerce.
Shults was arrested at her home and transported to SP Fonda for processing. She was then arraigned at the Amsterdam Town Court, where she was released on her own recognizance.
The Fulton Montgomery Regional Chambers of Commerce were cooperative throughout the investigation.
