The president of Rockville Centre, N.Y.-based collection firm MBI Associates was arrested March 29 and charged with first-degree grand larceny for allegedly stealing $1.6 million from St. Barnabas Hospital in New York City, according to Rockville Centre Patch.
According to prosecutors, from Nov. 25, 2012, to Feb. 18, 2015, MBI Associates failed to give St. Barnabas Hospital $1.6 million the company had collected for services provided to the hospital's patients. Norman Alpren, the 71-year-old president of MBI Associates, allegedly used the $1.6 million to cover operating expenses for his company, according to the report.
Mr. Alpren's lawyer Robert Abiuso told Rock Centre Patch he expects his client to be "vindicated at trial." If convicted, Mr. Alpren faces up to 25 years in prison.
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