Derek Brommers Derek Broomes, former president and CEO of HCCI, pleaded guilty to embezzlement.

NEW YORK CITY—Derek Broomes, 72, the former president and CEO of Harlem Congregations for Community Improvement, a non-profit housing organization, on Monday pled guilty in federal court to one count of embezzling hundreds of thousands of dollars from a federally funded program. The crime carries a maximum penalty of 10 years in prison and a maximum fine of $250,000 or twice the gross gain or loss resulting from the offense. Broome agreed to pay back $203,408.80 plus further restitution.

Harlem Congregations for Community Improvement is a faith-based, non-profit organization that develops and provides low-income housing in Harlem. In 2002, Broomes became the CFO and in 2011, he became the president and CEO. Prior to working at HCCI, Broomes worked as a deputy commissioner in New York City’s Human Resources Administration and for three years at the city’s Department of Investigations as the deputy inspector general and an investigator.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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