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Former downtown event center manager pleads guilty in theft case

Richard Pallay III is shown here March 26, 2015, in downtown Fargo. Forum file photo
Richard Pallay III is shown here on March 26, 2015, in downtown Fargo. Forum file photo

FARGO — The former general manager of a downtown concert and events venue here has pleaded guilty to a theft charge, court records show.

Richard Howard Pallay III recently entered an Alford plea to one Class B felony count of theft, which accused him of illegally obtaining more than $16,000 from Sanctuary Events Center.

With an Alford plea, a defendant doesn’t admit responsibility, but acknowledges a judge or jury might find them guilty based on the evidence.

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According to court documents, Pallay took money out of deposit envelopes made out to the center and deposited remaining money into the center’s bank account.
The money taken was “used for gambling and going out,” court records show.

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In addition, Pallay is suspected of making multiple purchases for personal use with the company credit card, court records show.

The complainant said it is believed Pallay embezzled about $19,500.

A sentencing hearing is scheduled for Oct. 8.

Related Topics: THEFT
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