Juan Valoy Allegedly Stole Approximately $25,000 From Prospective Renters

Manhattan District Attorney Alvin L. Bragg Jr. today announced the indictment of JUAN VALOY, 46, for allegedly stealing approximately $25,000 from three victims through an apartment rental scam. VALOY is charged in a New York State Supreme Court indictment with one count each of Grand Larceny in the Third Degree and Scheme to Defraud in the First Degree. [1]

“Juan Valoy allegedly preyed on New Yorkers who were simply looking for a stable place to live at a time when affordable housing is scarce. The defendant allegedly exploited these circumstances so he could line his own pockets, all while leaving families with children without a home,” said District Attorney Bragg. “We believe there are additional victims of this scheme and encourage them to contact our Immigrant Affairs Unit at 212-335-3600. Interpreters are available to assist non-native English speakers and we encourage all to reach out regardless of immigration status.”

As alleged in court documents and statements made on the record, from March to July 2025, VALOY posed as a real estate broker to attract prospective renters through Facebook Marketplace and third-party referrals. After establishing contact with the prospective renters, VALOY allegedly arranged tours of apartments throughout New York City, including Washington Heights, Queens, and the Bronx, that he claimed were available to rent. Most of the prospective renters were Hispanic New Yorkers who primarily spoke Spanish. 

VALOY allegedly personally solicited and accepted payments from victims of more than $7,000, often in cashier’s checks payable to Milian Services Corp., a business registered to VALOY, for what he claimed were application fees, security deposits, and first months’ rents. He also allegedly solicited personal information from the victims, such as financial records, birth certificates, pay stubs, and social security numbers, claiming it was for rental applications.

VALOY had no ownership of or permission from the actual owners to list the apartments he was offering for rental. After taking the money from the victims, VALOY allegedly repeatedly delayed the move-in date with excuses, including that the units needed repairs and pest treatments. When the victims continued to contact him, he cut off communication without ever returning their funds.  In one case, the victim had already moved out of her prior home and tried to move with her young child into the Bronx apartment that she believed she had rented from VALOY, only to find that it was already occupied by other tenants. 

Assistant D.A.s Hannah Stambaugh (Housing & Tenant Protection Unit) and Luis Morales (Chief of the Immigrant Affairs Unit) are handling the prosecution of this case under the supervision of  Assistant D.A.s Chikealo Ibeabuchi (Chief of the Housing & Tenant Protection Unit), Hope Korenstein (Deputy Chief of the Financial Frauds Bureau), Kofi Sansculotte (Chief of the Financial Frauds Bureau), Judy Salwen (Deputy Chief of the Investigation Division) and Executive Assistant D.A. Jodie Kane (Chief of the Investigation Division). 

Immigrant Affairs Coordinator Emely Salazar Perez; Housing Coordinator Victoria Grevenberg;Investigative Analyst Sofia Albi; Supervising Rackets Investigator Samuel Morales; andRackets Investigators Daniel Walker and Antonio Shilinsky all provided valuable assistance in the investigation. 

D.A. Bragg thanked District Attorney Darcel Clark’s Office for their assistance, particularly Senior Investigative Counsel Deborah Seidenberg and Assistant D.A. Diana Mitchell.

 

Defendant Information:

JUAN VALOY

Bronx, NY

Charged:

• Grand Larceny in the Third Degree, a class D felony, one count
• Scheme to Defraud in the First Degree, a class E felony, one count

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[1] The charges contained in the indictment are merely allegations, and the defendant is presumed innocent unless and until proven guilty. All factual recitations are derived from documents filed in court and statements made on the record in court.