Attorney General Eric Schneiderman: GALOS Inc. and president Carlos Velasquez allegedly stole money from Puerto Rican Day Parade

Attorney General Eric Schneiderman announced Thursday that some

Attorney General Eric Schneiderman announced Thursday that some of the parade's money was allegedly stolen by the marketing firm GALOS Inc. and its president, Carlos Velasquez. (February 13, 2014 5:32 PM)

The city's Puerto Rican Day Parade will go on as scheduled this year, despite allegations of misuse of funds.

Attorney General Eric Schneiderman announced Thursday that some of the parade's money was allegedly stolen by the marketing firm GALOS Inc. and its president, Carlos Velasquez. GALOS Inc. is in charge of fundraising for the parade.

Schneiderman says Velasquez misappropriated...

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