A man who collaborated with the former manager of a San Mateo condominium complex to embezzle an estimated $2.8 million has been convicted of multiple felony charges, prosecutors said Monday.
Michael Medeiros, 61, was the owner of Professional Painting Inc., and collaborated with Susan Marie Lambert, who was the general manager of the Woodlake Homeowners Association overseeing the Woodlake Condominiums complex until she was fired in September 2013.
After Lambert was fired at the affluent 990-unit complex on Peninsula Avenue, a stack of 150 false invoices to Professional Painting Inc. dating back to 2007 were found next to her computer, according to the San Mateo County District Attorney’s Office.
In most instances, no work was done and Lambert and Medeiros split the money, prosecutors said.
A San Mateo County Superior Court jury on Friday found Medeiros guilty of embezzlement and grand theft, both felonies, with special enhancements based on the amount of the theft and it being an aggravated white collar crime, prosecutors said.
Lambert had previously pleaded no contest in September 2016 on the condition that she gets a sentence of no more than three years and four months in prison, according to the district attorney’s office.
Medeiros faces up to eight years and eight months in prison and was remanded into custody after the guilty verdict. He will return to court on June 22 for sentencing, prosecutors said.
His attorney Thomas Knutsen was not immediately available to comment on the case.