An Albertson man has been accused of stealing $30 million from a bank over a five-year span while he was the chief financial officer of a Brooklyn-based energy company.

Thomas Torre, the ex-CFO of Metro Fuel Oil Corp., is scheduled to be arraigned Friday before Judge Vera Scanlon at Brooklyn federal court on charges of bank fraud and conspiracy.

“The defendant and his co-conspirators obtained tens of millions of dollars in loans from New York Commercial Bank under false pretenses, claiming both that they had real collateral and that they intended to pay the money back,” said Loretta Lynch, U.S. Attorney for the Eastern District of New York. “Neither claim was true.”

Prosecutors said the 63-year-old man schemed to overstate Metro Fuel’s accounts receivable in order to draw from a revolving line of credit issued by the bank from July 2007 to July 2012.

He and others allegedly misrepresented the true accounts receivable by deliberately failing to account for the cash payments received from customers and by creating fictitious invoice amounts, authorities said.

Metro Fuel filed for bankruptcy in September 2012 when company could no longer pay its bills. The company owed the bank more than $30 million by that time.

Torre faces up to 30 years in prison on each count.

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Timothy Bolger is the Editor in Chief of the Long Island Press who’s been working to uncover unreported stories since shortly after it launched in 2003. When he’s not editing, getting hassled by The Man or fielding cold calls to the newsroom, he covers crime, general interest and political news in addition to reporting longer, sometimes investigative features. He won’t be happy until everyone is as pissed off as he is about how screwed up Lawn Guyland is.