Saparn Exec Arraigned, Suspected in Theft from Dozens of Other Buildings

Saparn Realty‘s Alan Gorelick was arraigned today on felony charges of grand larceny (one count) and criminal possession of a forged instrument (nine counts) today in Manhattan Supreme Court in connection with the theft of more than $600,000 from a Gravesend, Brooklyn, Mitchell-Lama facility he managed, Commercial Observer has learned. The case is being prosecuted by Manhattan District Attorney Cyrus R. Vance, Jr. Mr. Gorelick pleaded not guilty.

Mr. Gorelick is also suspected of stealing more than $2 million from 30 to 40 other buildings, according to court documents presented today, and the investigation is ongoing.
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