Approximately $600G Convicted to 4 Years Behind Bars
The head of a senior center who pocketed approximately $600,000 in funds meant to feed the aging won’t want lunch money for a while.
Kwame Insaidoo, former executive director of United Block Association, was blamed Wednesday to four years in federal lockup, according to governments.
Insaidoo and his wife, Roxanna Insaidoo, were sentenced May 2 of embezzlement and debt fraud. Manhattan Federal Judge Valerie Caproni, who governed over their one-week trial, also convicted Roxanna Insaidoo to 30 months behind bars for her role in the fraud.
“The Insaidoos enriched themselves and their family with taxpayer money that was assumed to support four senior centers in Upper Manhattan,” acting Manhattan U.S. Attorney Joon Kim said in a comment. “Now this husband-and-wife crime duo will serve time in jail for those crimes.”
The city Department of Investigation, which in quested the Insaidoos, lauded Caproni’s decision.
“The defendants’ eager and callous actions of stealing from seniors and City taxpayers will now be repaid with jail time,” DOI Commissioner Mark Peters said in a comment.
The “message has to be sent … it is not decent to steal money from the city that is designated for charitable aims to line your own pockets,” officials quoted Caproni as saying when she handed down the convicts.
Kwame Insaidoo’s lawyer declined to statement.
Scott Tulman, who represents Roxanna Insaidoo, said she “intends to claim both her conviction and convict.”
Prosecutors had charged that Insaidoo, with the assist of his wife, pocketed more than $580,000 from United Block Association.
They spent the looted money in mortgage payments for their Long Island home, as well as a Mercedes-Benz and Cadillac, prosecutors provided.
They also cheated their mortgage lender by underreporting how much money they had — including what they had siphoned from United Block Association — so they could inadequately write off $200,000 from their mortgage, prosecutors said.
Insaidoo, 61, and his wife, 63, were each sentenced of embezzlement from a federally funded program, scheme to commit money laundering, wire scam of their mortgage lender, scheme to commit wire scam of their mortgage lender and conspiracy to embezzle from a federally funded program.
The husband was also sentenced on one count of robbing the City of New York.