A Jamestown man has been charged with first-degree grand larceny after allegedly stealing more than $1 million from his employer.

Paul A. Weinstein, 60, of Jamestown was charged Monday by city police officers at Ben Weitsman of Jamestown, 610 W. Eighth St., Jamestown, after an investigation by Jamestown police and the Chautauqua County District Attorney’s Office. According to a police report, Weinstein was allegedly involved in a long-term, ongoing theft spanning more than 10 years from Ben Weitsman of Jamestown. Police allege Weinstein has stolen more than $1 million and possibly several million dollars more.

The investigation is still ongoing and more criminal charges are expected.

Weinstein was arraigned in Jamestown City Court and held on $50,000 cash or $100,000 property bond.

Originally the Weinstein Company, Paul Weinstein, the company’s fourth generation owner, sold Weinstein’s to Ben Weitsman of Jamestown in 2010 after being family owned and operated for more than 100 years. Weinstein told The Post-Journal selling was the right thing to do to be involved with a growing company like Ben Weitsman of Jamestown. Weitsman kept Weinstein as the local company’s vice president.