The owner of Saratoga Winners club in Colonie has been arrested for starting the fire that burned down the structure last month.
Akiva Abraham, 43, of Rexford, is charged with felony arson, insurance fraud and falsifying business records for starting the fire that devastated the building.
The rock venue was closed at the time of the fire and had not been open for years, but Abraham had obtained an insurance policy for the property based on a fraudulent mortgage loan, police say.
Forensic testing at the scene revealed accelerants in and around the building.
Abraham was arraigned in Town of Colonie Court and remanded to the Albany County Correctional Facility without bail.
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