Nearly five years after residents of San Mateo’s Woodlake condominium homeowners’ association were tipped off about an embezzlement scheme in which some $2.8 million was stolen, one of the two co-conspirators accused of the crime was convicted Friday of felony embezzlement and felony grand theft, according to the San Mateo County District Attorney’s Office.

After 11 days of trial and some five hours of deliberation, a jury found Michael Anthony Medeiros, 61, guilty of the two felony counts, for which he faces a sentence of eight years, eight months in state prison. He was immediately remanded into custody on no bail, according to prosecutors.  Read more: