#embezzlement
#embezzlement

LA real estate

Shangri-La accuses former CFO of embezzling $40M

Shangri-La Industries is suing former CFO Cody Holmes for allegedly embezzling millions.

The lawsuit accuses Holmes and his girlfriend of living luxuriously with embezzled funds. [ more ]

Mission Local

Mission District

Former SF HR manager charged with looting $627K in workers' comp money

Stanley John Ellicott faces 62 felony charges for embezzling $627,000 from the Workers' Compensation bureau.

Ellicott allegedly established a fake company to steal from the HR department he was supposed to oversee. [ more ]

Sacramento Bee

2 months ago

California

University administrator steals $1.5M in tuition for gambling, 'lavish' trips, feds say

Sandra Eileen Le diverted $1.5 million in tuition from UCSF students to fund a lavish lifestyle.

Le manipulated students by building close relationships to execute the scheme. [ more ]

www.esquire.com

Education

A Charter School In New Hampshire Is Closing After Allegations of Embezzlement and Fraud

A charter school in New Hampshire is closing down less than two years after opening due to allegations of embezzlement and fraud by former school officials.

The closure highlights the ongoing issues and controversies surrounding charter schools, which have been criticized for their lack of oversight and accountability. [ more ]

www.france24.com

5 months ago

France politics

French prosecutors order Le Pen to stand trial in EU funding scandal

Marine Le Pen, the far-right figurehead, has been ordered to stand trial for allegedly using EU funds to finance party activities in France.

She will be joined by 26 other members of the National Rally party in the dock, all accused of embezzling EU money. [ more ]

Dodger Blue

Shohei Ohtani's Former Interpreter Planning To Plead Guilty

Shohei Ohtani cleared in federal investigation related to illegal sports gambling scandal.

Former interpreter Ippei Mizuhara expected to file guilty plea for possible embezzlement involving Ohtani's funds. [ more ]

ESPN.com

LA Dodgers

Ohtani says interpreter stole from him, told lies

Shohei Ohtani denies betting on sports

Interpreter accused of embezzlement [ more ]

Yahoo Entertainment

LA Dodgers

Dodgers Player Shohei Ohtani Victim Of 'Massive Theft' By Interpreter, Lawyers Claim

Ohtani's interpreter fired over gambling accusations

$4.5 million transferred to interpreter for illegal betting [ more ]

Los Angeles Times

LA Dodgers

Shohei Ohtani's attorneys accuse interpreter of 'massive theft' tied to alleged gambling

Ohtani's interpreter accused of embezzlement for bets

Ohtani's representatives handing the matter to authorities [ more ]

New York Post

5 charged in Ukraine conspiracy to embezzle $40M meant for war munitions

Ukrainian arms firm employees conspired to embezzle $40 million earmarked for mortar shells for the war with Russia.

Five people have been charged, with one person detained while trying to cross the Ukrainian border. [ more ]

www.nytimes.com

Ukraine Accuses Defense Company of Embezzling $40 Million

Ukraine's intelligence agency exposed a $40 million embezzlement scheme by a defense company that was meant for purchasing mortar rounds.

The investigation implicated current and former senior officials from the Defense Ministry.

The government's commitment to fighting corruption is crucial for receiving military aid and achieving strategic goals of joining NATO and the European Union. [ more ]

Washington Post

Ukraine says defense officials stole $40 million meant for ammunition

Ukrainian officials embezzled $40 million for the purchase of military ammunition, confirming a massive procurement fraud.

The scheme is likely to have consequences for Ukraine's international backers, who are concerned about corruption and financial assistance. [ more ]

euronews

Ukraine says corrupt officials stole $40 million of weapons money

Employees from a Ukrainian arms firm conspired with defence ministry officials to embezzle almost $40 million earmarked for mortar shells.

The investigation comes as Kyiv attempts to clamp down on corruption in a bid to speed up its membership in the European Union and NATO. [ more ]

morecorruption

Brooklyn Eagle

4 weeks ago

Brooklyn

Brooklyn lawyer Salvatore Strazzullo indicted again for allegedly stealing millions from clients

Salvatore Strazzullo faces charges of embezzling $3.8 million from clients.

He has a history of similar indictments, including a previous case involving $1.5 million. [ more ]

Brooklyn Eagle

4 months ago

Brooklyn

Bensonhurst attorney accused of stealing $1.5 million from elderly clients

Brooklyn attorney Salvatore Strazzullo is facing charges for allegedly embezzling nearly $1.5 million from three clients.

Strazzullo is accused of exploiting his position of trust to steal from vulnerable individuals and using their funds for personal expenses. [ more ]

Above the Law

Law

Ex-Biglaw Paralegal Who Embezzled More Than $600K From Firm Gets Prison Time

Ex-Biglaw paralegal sentenced to 2 years in prison for embezzling over $600,000.

Sutton transferred bankruptcy estate funds to personal accounts to pay bills and set aside cash. [ more ]

ABA Journal

Law

Lawyer who stole more than $1M from his law firm gets disbarred

A lawyer was disbarred for stealing over $1 million from his law firm.

The lawyer used firm funds for personal expenses like luxury watches and jewelry. [ more ]

Above the Law

Law

Clerk Takes Raise Into His Own Hands By Allegedly Robbing His Judge

Clerking for a judge can provide an appreciation for the law and prestige.

A former court clerk in Michigan has been charged with embezzling over $60,000. [ more ]

Los Angeles Times

Los Angeles

Former official pleads guilty to embezzling nearly $16 million from O.C. school district

Former public school official embezzled almost $16 million from Magnolia School District.

Contreras used stolen funds for a lavish lifestyle and faces up to 10 years in prison. [ more ]

www.mercurynews.com

East Bay (California)

Ex-Contra Costa fire battalion chief pleads to $46k timekeeping scheme

Former fire battalion chief sentenced for timekeeping scheme

Plea deal includes jail alternative program and restitution [ more ]

therealdeal.com

2 months ago

LA real estate

Former KBS Auditor Sentenced to Prison for Embezzlement

Former KBS Realty Advisors chief auditor Varun Aggarwal sentenced to 33 months in prison for embezzlement.

Aggarwal used vendors controlled by family/friends to submit fake invoices and paid $2.8 million in restitution. [ more ]

SFGATE

2 months ago

Education

UCSF employee sentenced for using $1.5M in student tuition money

A UC San Francisco administrator has been sentenced to 20 months in prison for redirecting $1.5 million in student tuition money to her personal bank account.

Sandra Eileen Le abused her position at the UCSF School of Nursing's post-master's program to have students write tuition checks to her, which she deposited in her own account. [ more ]

Chicago Tribune

Chicago

Former CPS assistant principal whose case was highlighted in IG report appears in court on embezzlement charges

Former Chicago Public Schools assistant principal accused of embezzling $274,000 from an elementary school.

Office of Inspector General report highlights financial losses and calls for new training protocols to address adult-on-student sexual misconduct. [ more ]

WSJ

4 months ago

World news

He Might Have Been Pope. Instead, He May Go to Prison.

Cardinal Giovanni Angelo Becciu was accused of embezzlement by Vatican magistrates.

Pope Francis told Becciu to resign his Vatican post. [ more ]

www.theguardian.com

5 months ago