Anthony Rotondaro and his daughter Jamie are accused of stealing more than $700,000 through failing to pay 11 subcontractors for six projects and stealing down payments. Their companies, Reniss Contracting and Janic Construction are also named in the indictment.
Both defendants face multiple counts of grand larceny and up to 15 years in prison on the top count.
Prosecutors say the two used about $20,000 to $25,000 a month for personal expenses while an additional $450,000 cash was removed in the 10-month period.