Ex-operator of historic Esperanza Mansion admits to grand larceny in COVID-era loan fraud scheme

 

YATES COUNTY, N.Y. — A former co-owner and operator of the historic Esperanza Mansion pleaded guilty to fourth-degree grand larceny for the theft of COVID-era Paycheck Protection Program funds.

RELATED: Owners of Esperanza Mansion charged with 23-count indictment

The Yates County District Attorney’s Office told News10NBC that Todd Alexander entered his plea in court Wednesday afternoon, resolving all charges against him, co-defendant Mary Olivo and Esperanza Mansion LLC. The deal requires restitution of more than $320,000 to multiple victims.

Sentencing is set for Aug. 5.

The post Ex-operator of historic Esperanza Mansion admits to grand larceny in COVID-era loan fraud scheme appeared first on WHEC.com.

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