{"id":252460,"date":"2026-06-02T18:17:07","date_gmt":"2026-06-02T18:17:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/252460\/"},"modified":"2026-06-02T18:17:07","modified_gmt":"2026-06-02T18:17:07","slug":"brooklyn-heights-co-op-board-president-accused-of-stealing-more-than-700k-from-building-residents-brooklyn-paper","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/252460\/","title":{"rendered":"Brooklyn Heights Co-Op Board president accused of stealing more than $700K from building residents \u2022 Brooklyn Paper"},"content":{"rendered":"<p>\t\t\t\t<img loading=\"lazy\" width=\"1200\" height=\"800\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/06\/sasun-bughdaryan-HGPvzATN6F0-unsplash.webp\" class=\"crop-center wp-post-image\" alt=\"sasun-bughdaryan-HGPvzATN6F0-unsplash\" decoding=\"async\"  \/>\t\t\t<\/p>\n<p>A Brooklyn Heights co-op board president was indicted today after allegedly stealing $700,000 in funds over six years.<\/p>\n<p>Photo courtesy of Sasun Bughdaryan\/Unsplash<\/p>\n<p class=\"p1\">A former <a href=\"https:\/\/www.brooklynpaper.com\/category\/neighborhoods\/brooklyn-heights\/\" rel=\"nofollow noopener\" target=\"_blank\">Brooklyn Heights<\/a> cooperative board president has been indicted on allegations that she stole more than $700,000 from the building she was entrusted to help manage, according to the Brooklyn District Attorney\u2019s Office.<\/p>\n<p class=\"p1\">Prosecutors allege that Isabelle Gallier, 60, misappropriated $708,216 from a 41-unit co-op building at 130 Hicks Street over a six-year period while serving as president of the building\u2019s board.<\/p>\n<p class=\"p1\">Gallier was arraigned in Brooklyn Supreme Court on a charge of second-degree grand larceny. She appeared before Justice Danny Chun and was released without bail. She is scheduled to return to court on August 12.<\/p>\n<p class=\"p1\">District Attorney <a href=\"https:\/\/www.brooklynda.org\/eric-gonzalez\/\" target=\"_blank\" rel=\"noopener nofollow\">Eric Gonzalez<\/a> said the alleged theft represented a breach of trust by a board member responsible for overseeing the building\u2019s finances.<\/p>\n<p class=\"p1\">\u201cThis defendant allegedly turned a position of trust into a six-year scheme to steal from her neighbors, spending more than seven hundred thousands dollars meant to maintain a cooperative on luxuty items and personal bills,\u201d he said.<\/p>\n<p class=\"p1\">He added that his office will \u201cprosecute anyone who exploits their authority to criminally enrich themselves.\u201d\n<\/p>\n<p class=\"p1\">According to the indictment, Gallier allegedly diverted building funds between January 2018 and February 2024 for personal expenses and luxury goods.\n<\/p>\n<p class=\"p1\">Investigators allege that more of $218,000 of the funds went toward Gallier\u2019s personal mortgages. Another $125,000 was allegedly spent on luxury goods, including $12,000 worth of furs, a $4,000 Rolex watch and $53,000 on 150 pairs ofhigh-end shoes, among them Christian Loubotin and Valentino brands.<\/p>\n<p class=\"p1\">The alleged misconduct came to light after Gallier was voted out as board president and a new board assumed control of the cooperatives finances. Authorities said a review of financial records uncovered the missing funds.<\/p>\n<p class=\"p1\">Following her departure from the board, Gallier sold her three units in the building and moved out, according to prosecutors.\n<\/p>\n<p class=\"p1\">The investigation was conducted by Chief Financial Investigator Ludwig Sanches and members of the Kings County District Attorney\u2019s Office Detective Investigations Squad.\n<\/p>\n<p class=\"p1\">The case is being prosecuted by Senior Assistant District Attorney Richa Bhasin of the Frauds Bureau.<\/p>\n","protected":false},"excerpt":{"rendered":"A Brooklyn Heights co-op board president was indicted today after allegedly stealing $700,000 in funds over six years.&hellip;\n","protected":false},"author":2,"featured_media":252461,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,5531,100,6748,99,98548,7022,86665,303,3777,90395,396,334,98549,9,24,63,98550,1491],"class_list":["post-252460","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-district-attorney","tag-brooklyn-headlines","tag-brooklyn-heights","tag-brooklyn-news","tag-co-op-housing","tag-corruption","tag-court-news","tag-crime","tag-criminal-justice","tag-financial-crimes","tag-fraud","tag-grand-larceny","tag-housing-news","tag-new-york","tag-new-york-city","tag-nyc","tag-property-management","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/252460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=252460"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/252460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/252461"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=252460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=252460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=252460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}