“Penny Bradley not only stole more than $750,000 from investors, she forged their signatures to obtain an $11.5 million loan in an attempt to cover up the theft,” said District Attorney Bragg. “In order to perpetuate her fraud and continue to live beyond her means, she also stole hundreds of thousands of dollars from a second company that invested in her supposed townhouse renovations. I thank the jury for its service on this complex case, and the prosecutors who secured a conviction that underscores our commitment to prosecuting all forms of embezzlement and protecting the integrity of the lending market in New York City.” 

“With this indictment, we are one step closer to securing justice for Denisse Oleas-Arancibia,” said District Attorney Bragg. “Our professional, dedicated prosecutors and investigators will continue to build the strongest possible case, and we will be prepared to prosecute Raad Almansoori for these horrific allegations when he is returned to New York. My heart is with the family and loved ones of Ms. Oleas-Arancibia during this difficult time as they continue to mourn their loss, as well as the victims of Almansoori’s alleged crimes in Maricopa County.”