New York City Property Manager Cops Plea In Theft Of Co Op Funds

In Corona, New York, the Times Ledger reports:

• A former property manager for a Corona cooperative apartment building pleaded guilty to stealing $163,000 in co-op funds. He is slated to be sentenced Oct. 23. Michael Burak, 63, of Manhattan was charged with grand larceny, criminal possession of a forged instrument and falsifying business records, the Queens district attorney said. He entered his plea on June 26 and faces a maximum of 15 years in prison, according to the DA.

For more, see Corona co-op owner guilty of fraud.