Ex-Co-Op President Pleads Guilty to Embezzling Over $26,700 in Building Funds
Hempstead, New York (WNY News Now)Former Hempstead, New York, Marlboro Owners Corporation cooperative president Juan Alayo entered a guilty plea to embezzling $26,738 in building funds. The plea deal, which holds the 72-year-old East Meadow man liable for Grand Larceny in the Fourth Degree and Petit Larceny, was revealed by New York Attorney General Letitia James.Alayo will pay back the money that was taken and perform 210 hours of community service as part of the deal. If these requirements are not met, a year in jail will be imposed.A Betrayal of ConfidenceFrom 2016 to 2023, Alayo presided over the 16-unit co-op, which was primarily populated by Spanish-speaking immigrant residents. Under the pretense of valid costs, he fraudulently issued checks to himself and his business, A&J Clea...